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Chapter 4 and 5 Quiz

Authored by Brent Borcsani

Social Studies

10th Grade

Used 6+ times

Chapter 4 and 5 Quiz
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20 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The willingness and ability of a producer to make a product is referred to as

quantity supplied

quantity demanded

supply

demand

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Movement along a supply curve demonstrates

a change in quantity supplied

a change in quantity demanded

a change in supply

a change in demand

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A shift in a supply curve demonstrates

a change in quantity supplied

a change in quantity demanded

a change in supply

a change in demand

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A decrease in the price of a good will

increase supply.
decrease supply.
increase quantity supplied.
decrease quantity supplied.

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Which graph below shows the SUPPLY CURVE?

A
B
C
D

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

What does this curve represent?

supply
equilibrium
demand
surplus

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

This part of the market determines DEMAND

buyers
sellers
suppliers
store owners

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