Supply and Demand
Authored by McKinley Navarrete
Social Studies
4th - 5th Grade
Used 68+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is supply?
The amount of money you have
When stores don't have enough of something
The total amount of goods or services provided
The cost of labor for a service
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is Demand?
Food in a store
The total amount of goods or services provided
How much money a person has
The amount of goods and services provided that a person pays an amount for
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An example of goods would be:
Sunlight in the sky
Food in a store
Money in the bank
Wind
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
An example of a service would be:
Buying clothes at a store
Mowing a lawn for a company and getting paid
Carrying groceries for a friend for free
Donating clothes to charity
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When the supply is low, the demand is:
stable
high
down
low
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When the supply is high, the demand is:
high
stable
Low
all over the place
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Shortages are:
When there is too little of something
When there is too much of something
Lots of Money
Lots of Food
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