Supply

Supply

11th Grade

36 Qs

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Assessment

Quiz

Social Studies

11th Grade

Medium

Created by

Clint Milliron

Used 6+ times

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36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A decrease in the price of a good will
increase supply.
decrease supply.
increase quantity supplied.
decrease quantity supplied.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which way does a supply curve slope?
down
up
both
neither

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image
Which graph below shows the SUPPLY CURVE?
A
B
C
D

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This part of the market determines SUPPLY
buyers
sellers
consumers
us

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image
The diagram represents a(n)
increase in supply
decrease in supply
change in quantity supplied
none of the above

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Media Image
The Law of Supply states:
as price increases, supply increases
as prices decrease, supply increases

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When producers offer more of a good as its price increases and less as its price falls, this defines the

law of demand

law of supply

change in demand

change in supply

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