Supply and Demand
7th Grade
•14 Qs
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Supply and Demand
Quiz
•
Business, Social Studies
•
7th Grade
•
Medium
Bryan Woods
Used 72+ times
FREE Resource
14 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 5 pts
When supply is HIGH and demand is LOW, price is _______.
2.
FILL IN THE BLANK QUESTION
1 min • 5 pts
When supply is LOW and demand is HIGH, price is ______.
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Beaver hats have grown in popularity. There are no more beaver in Europe because they have been over hunted. Supply has gone...
Up.
Down.
Nowhere.
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Beaver hats have grown in popularity. There are no more beaver in Europe because they have been over hunted. Demand has gone...
Up.
Down.
Nowhere.
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Beaver hats have grown in popularity. There are no more beaver in Europe because they have been over hunted. The price of beaver pelts will go...
Up.
Down.
Nowhere.
6.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Ashley’s company brought a whole wagon load of knives. All the mountain men already own a favorite knife. Supply is...
High.
Low.
Average.
7.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Ashley’s company brought a whole wagon load of knives. All the mountain men already own a favorite knife. Demand is...
High.
Low.
Average.
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