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Supply & Demand

Authored by Kelci Atkins

Social Studies

10th Grade

Used 33+ times

Supply & Demand
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When analyzing demand, we are analyzing ___________ & the amount they are willing & able to _____.

consumers; buy

producers; sell

government; producer

consumers; sell

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The law of demand states...

As prices increase, demand will increase

As prices increase, demand will decrease

As prices decrease, demand will decrease

As prices decrease, demand will increase

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The demand curve illustrates the relationship between....

price & quantity demanded

supply & demand

demand & quantity

supply & price

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Demand curves, when graphed, always slope...

upward

downward

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When analyzing supply, we are analyzing _____ & the amount they are willing & able to ____.

producers; sell

consumers; buy

government; produce

producers; buy

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The law of supply states...

as prices increase, supply will increase

as prices increase, supply will decrease

as prices decrease, supply will decrease

as prices decrease, supply will increase

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The supply curve illustrates the relationship between...

price & quantity supplied

price & demand

quantity & demand

supply & demand

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