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Form 2: S2P1 Quiz

Authored by Kimberly Voges

Social Studies

11th Grade

Used 8+ times

Form 2: S2P1 Quiz
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19 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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Supply is when consumer desire certain goods and services and demand is the amount of goods and services available

True

False

2.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

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Different factors influence consumer decision. Mention one of these factors.

3.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Conspicuous consumption is .......

4.

OPEN ENDED QUESTION

30 sec • Ungraded

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How does "savings" influence a consumer's decision?

Evaluate responses using AI:

OFF

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Which letter is the closest to the equilibrium price

A

B

C

D

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the supply is greater than the demand we're talking about a shortage

True

False

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

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What are goals of advertisements?

Persuading consumers to buy the goods and services

Give information on how to get rid of the goods and services

Give information about goods and services

Give information on how to obtain the goods and services

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