Supply and Demand

Supply and Demand

4th - 12th Grade

21 Qs

quiz-placeholder

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Supply and Demand

Supply and Demand

Assessment

Quiz

Social Studies

4th - 12th Grade

Medium

Created by

JULIA MCBRIDE

Used 10+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Farmers in California have had wonderful weather. They have produced the largest crop of watermelons in years. What will happen to the price of watermelons?

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

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Cold weather in Florida has damaged this year’s orange crop. Farmers have only half of the usual amount of oranges to sell. What will happen to the price of oranges?

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

3.

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.

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

Few farmers have ripe cherries to sell. The supply of cherries is low. But many customers at the market want to buy cherries.The demand for cherries is high.  What will happen to the price of the cherries?

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

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Suppose you have a football trading card that everyone else has. Your friends probably won't give you much for it. The supply of that card is high, and the demand for it is low. What will happen to the price of that card.

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

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Suppose you have a football trading card that everyone else has. Your friends probably won't give you much for it. The supply of that card is high, and the demand for it is low. What will happen to the price of that card.

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

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