Unit Seven Review

Unit Seven Review

9th - 12th Grade

•

32 Qs

quiz-placeholder

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Unit Seven Review

Unit Seven Review

Assessment

Quiz

•

Social Studies

•

9th - 12th Grade

•

Easy

Created by

Kayla Shelton

Used 2+ times

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32 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A new study has shown that avocados are extremely healthy. The demand for avocados has increased due to a change in

change in population

price of a substitute good

price of a complementary good

tastes and preferences (popularity)

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

An decrease in demand for iPhones in Hong Kong could be caused by a(n)

increase in price for Samsung Galaxy

increase in population in Hong Kong

the price for iPhones is expected to increase next week

the price of iPhone apps increased

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Consider the market for SUVs. If the price of gasoline increases then the Demand for these vehicles will

increase
decrease
not be affected

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

The law of demand states that as the price increases then 

quantity demanded increases
quantity demanded decreases
demand increases
demand decreases

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

The diagram represents a

increase in demand
decrease in demand
change in quantity demand
none of the above

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Which of the factors of production is this?

capital

entrepreneur

land

labor

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Which one of the factors of production is this?

capital

entrepreneur

land

labor

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