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AE- QUIZ # 3

Authored by Joyang Bautista

Business, Education

11th - 12th Grade

Used 4+ times

AE- QUIZ # 3
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10 questions

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1.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

A ____________ or the amount of good or service consumers are willing to purchase at each price.

2.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

_____________ is what a buyer pays for a unit of the specific good or service.

3.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The total number of units purchased at that price is called the ______________.

4.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

A____________ is any activity for business set-up. It is where consumer buys and the seller sells.

5.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

It is categorized as local, national and _____________.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

____________ is the value of goods and services that buyers are willing to purchase in every price.

DEMAND

SUPPLY

DEMAND SCHEDULE

SUPPLY SCHEDULE

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The ____________ consumers will demand a lower quantity of a good. The low price of the good influences the consumer to buy more.

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