
Supply and demand and Equilibrium
Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
William Ormerod
Used 10+ times
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34 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Point at which supply and demand come together
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Legal maximum that can be charged for a good.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the government controlled price ceiling on apartment prices called?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the government sets a price floor on earned income, it is called which of the following?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does the government place price ceilings on some "essential" goods?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When quantity supplied exceeds quantity demanded at a certain price.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When quantity demanded exceeds quantity supplied at a certain cost
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