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Supply and Demand

Authored by Cortlyn Phillips

History, Social Studies

2nd Grade

Used 45+ times

Supply and Demand
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person who makes a product is called a

producer

consumer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person who buys a product is called a

producer

consumer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something someone buys is a

consumer

product

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price of something is how much it

makes

costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the _______ is how much of something a person has.

supply

demand

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The _______ is how much of something people want.

supply

demand

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When supply INCREASES and demand DECREASES price goes

up

down

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