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Demand and Supply

Authored by Ms Crossan

Business

5th Grade

Used 5+ times

Demand and Supply
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10 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Use the diagram in the photo, Indicate the quantity supplied for the book at 20Euro.

100

80

40

20

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Use the diagram in the photo, Indicate the quantity demanded for the book at 8Euro.

100

80

40

20

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Use the diagram in the photo, Indicate the equilibrium price of the book.

100

8

16

20

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following would impact an increasing demand for the book in the New Chapter store?

An increase in tax (VAT).

A reduction in the books price.

A roll-out of broadband to all areas in Wicklow.

A new book store opening in town.

5.

MULTIPLE SELECT QUESTION

2 mins • 1 pt

Which of the following would impact a decreased demand for the book in the New Chapter store? You can pick several answers.

An increase in tax (VAT).

A reduction in the books price.

A roll-out of broadband to all areas in Wicklow.

A new book store opening in town.

6.

OPEN ENDED QUESTION

10 mins • Ungraded

Media Image

Please screenshot your answer for this also.

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7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

State two possible costs for this store that is associated with investing in ICT.

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