Supply and Demand
Authored by Anna Fuentes
Social Studies
2nd - 4th Grade
Used 12+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
6 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
If the price of a good or service increases, the demand it for it will _______.
decrease
increase
stay the same
2.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
If the price of a good or service decreases, the demand for it will _______.
decrease
increase
stay the same
3.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
What might happen if the demand for a new video game rises quickly?
The manufacturer will make fewer video games
People would refuse to buy the video game
The manufacturer would increase the price of the game
4.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Companies will produce more of a product when______.
they can sell it for a higher price
the demand goes down
the price for the product goes down
5.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
What is scarcity?
A shortage of a product
Having too much of a product
The amount a consumer is willing to pay for a product
6.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
What conditions lead to high prices of a product?
A low supply and a low demand for a product
A low supply and a high demand for a product
A high supply and a high demand for a product
A high supply and a low demand for a product
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
