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Resources/ Supply and Demand

Authored by Rachel Benge

Social Studies

2nd - 4th Grade

Used 22+ times

Resources/ Supply and Demand
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20 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Amazon Prime is selling Smencils.  There are only a few packs left and they are very popular.  What will happen to the price?

The price will go up.
The price will go down.

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

The week before Halloween, pumpkin patches all around the country sell lots of pumpkins. What will happen to the price of pumpkins on the day after Halloween?

The price will go up.
The price will go down.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The amount of goods or services available is called?

supply
demand
producer
consumer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much people want something

supply

demand

producer

consumer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A year ago, there were 12 companies that made motorized scooters. But over the past month, 5 of those companies went out of business. What probably happened to the overall supply of motorized scooters?

The supply probably went up.

The supply probably went down.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Weather forecasters predict this summer will be much hotter than usual. What will probably happen to the demand for air conditioners?

The demand will probably go up

The demand will probably go down

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ are from nature and are used in their natural form

natural resource

human resource

capital resource

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