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Social Studies

9th Grade

Used 21+ times

Price Elasticity of Demand
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20 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

WHEN THE PRICE INCREASES, DEMAND WILL DECREASE.

Law of Supply

Price Elasticity of Demand

Law of Demand

Price Elasticity of Supply

2.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

IT SHOWS THE RESPONSIVENESS OF DEMAND TO THE CHANGE OF PRICE.

Law of Supply

Price Elasticity of Demand

Law of Demand

Price Elasticity of Supply

3.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

WHICH ONE IS INELASTIC?

Media Image
Media Image

4.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

WHEN THE DEMAND IS NOT SENSITIVE OR NOT RESPONSIVE TO PRICE CHANGE.

ELASTIC

INELASTIC

5.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

WHEN THE DEMAND IS SENSITIVE TO PRICE CHANGE.

ELASTIC

INELASTIC

6.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

WHEN A PRODUCT HAVE SUBSTITUTE

ELASTIC

INELASTIC

7.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

WHEN A PRODUCT DOESN'T HAVE SUBSTITUTE

ELASTIC

INELASTIC

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