Production and consumption of goods through the transfer of money

Economics

Quiz
•
Social Studies
•
7th Grade
•
Medium
Dick Quayle
Used 92+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
economics
supply
equalibrium
demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The price at which the consumer and producer agree on
economics
supply
equalibrium
demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The quantity a producer is willing to make at a certain price
economics
supply
equalibrium
demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The quantity a consumer is willing to buy at a certain price
economics
supply
equalibrium
demand
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An individual or group that are willing to purchase a product
consumer
supply
producer
demand
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An individual or group willing to make a product
consumer
supply
producer
demand
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A place where the people use supply and demand to set prices
Traditional
Command
Market
Mixed Economy
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