Demand and Supply
Authored by Ms Crossan
Business
5th Grade
Used 5+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
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
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
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
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7.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
State two possible costs for this store that is associated with investing in ICT.
(a)
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