Supply and Demand

Supply and Demand

7th - 12th Grade

9 Qs

quiz-placeholder

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Supply and Demand

Supply and Demand

Assessment

Quiz

Social Studies

7th - 12th Grade

Medium

Created by

William King

Used 3+ times

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9 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Supply moves along the ___ axis.

2.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Demand moves along the ___ axis.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Whenever supply increases, price goes ____.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Whenever supply decreases, price goes ____.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Whenever demand increases, price goes ____.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Whenever demand decreases, price goes ____.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Whenever demand is shifted, price and quantity go _____.

the same direction

opposite directions

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Whenever supply is shifted, price and quantity go _____.

the same direction

opposite directions

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The spot where supply and demand meet on a graph is called the _____.

equator

equalization

equilibrium

equador