Search Header Logo

Unit 2 Final Questions- Supply and Demand

Authored by Carrie Jackson

Social Studies

12th Grade

Used 6+ times

Unit 2 Final Questions- Supply and Demand
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Emma owns a chocolate factory and the cost of sugar increases. What will happen?

Quantity supplied will decrease

Equilibrium Price will increase

Demand will increase

Equilibrium price will decrease

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Brayden owns a street wear brand that was just featured in a story in Forbes magazine. This will lead to

an increase in quantity demanded

an increase in quantity supplied

a decrease in demand

a decrease in supply

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Five new pizza restaurants open in Folsom. All of the following will happen except

Quantity demanded will increase

Equilibrium quantity will increase

Price will increase

Equilibrium price will decrease

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dylan owns a miniature golf business, a popular date spot in town. Wages decrease for 10th month in a row due to business closures in the area. What will happen to the Supply?

Increase in Quantity supplied

Decrease in Supply

No change in Quantity Supplied

No change in Supply

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are represented in TIPEN except

Taste

Income of consumers

Price of related goods

Number of Sellers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are examples of NCPET except

Number of Sellers

Cost of Production

Expectations of Consumers

Taxes, regulations and subsidies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Price Floors lead to

price above the equilibrium price

price below the equilibrium price

a shortage

pure equilibrium between supply and demand

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?