Supply and Demand

Supply and Demand

4th Grade

10 Qs

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Supply and Demand

Supply and Demand

Assessment

Quiz

Social Studies

4th Grade

Medium

Created by

Sharleen Xavier

Used 709+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In general, if the price of a good or service goes down, what happens to the demand for that good or service?

demand goes up
demand stays the same
demand goes down
none of the above

2.

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.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In general, if the price of a good or service goes up, what happens to the demand for that good or service?

demand goes up
demand stays the same
demand goes down
none of the above

4.

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.

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Millions of people see a famous sports star drinking apple juice on television. The fans think apple juice helps make the athlete strong. What will happen to the price of apple juice?

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The amount of goods or services available is called?

supply
demand
producer
consumer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might happen if the demand for a new type of XBOX began rising quickly?

The manufacturer would begin making fewer new XBOXs

Microsoft would raise the price of the new XBOXs

Microsoft would stop selling the new XBOX

Microsoft would lower the price of the new XBOX

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