Market Equilibrium (and review)
12th Grade
•13 Qs
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Market Equilibrium (and review)
Quiz
•
Social Studies
•
12th Grade
•
Easy
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13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what point is equilibrium?
$1
$2
$3
$4
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what point is there a shortage?
$2
$3
$4
$5
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what point is there a surplus?
$1
$2
$3
$4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this represent?
Increase in supply
Decrease in supply
Increase in demand
Decrease in demand
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this represent?
Decrease in supply
Increase in supply
Decrease in demand
Increase in demand
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which letter represents a shortage?
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which letter represents a surplus?
A
B
C
D
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