Law of Supply

Law of Supply

12th Grade

20 Qs

quiz-placeholder

Similar activities

Panimulang Talakayan sa Ekonomiks

Panimulang Talakayan sa Ekonomiks

9th - 12th Grade

20 Qs

Ancient Egypt - Grade 4

Ancient Egypt - Grade 4

4th Grade - University

15 Qs

KISI KISI UAS SOSIOLOGI XII KTSP

KISI KISI UAS SOSIOLOGI XII KTSP

12th Grade

20 Qs

6th Form General Knowledge

6th Form General Knowledge

12th Grade

18 Qs

Quiz Akuntansi sebagai Sistem Informasi

Quiz Akuntansi sebagai Sistem Informasi

12th Grade

15 Qs

Hoobiyee 2024

Hoobiyee 2024

12th Grade

15 Qs

GAS 12 ITOPS Unit 1 Reviewer

GAS 12 ITOPS Unit 1 Reviewer

11th - 12th Grade

15 Qs

Understanding Culture, Society and Politics

Understanding Culture, Society and Politics

12th Grade

15 Qs

Law of Supply

Law of Supply

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Brad Poock

Used 21+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Supply Curve is most often shown with this slope on a graph.

Positive

Negative

Horizontal

Vertical

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Law of Supply is controlled by whom?

Buyers

Sellers

Government

Consumers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Law of Supply says that as the price of a good increases then...

more of that good will be produced

less of that good will be produced

more of that good will be demanded

less of that good will be demanded

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the amount of product producers are willing to bring to the market at any price.

quantity supplied

total product

theory of production

law of supply

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Suppliers will normally offer more for sale at high prices and less for sale at lower prices

Quantity supplied

Law of Supply

total production

short run

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When prices rise, supply levels will also increase. If prices drop, supply will also fall.

law of supply

law of demand

determinant of supply

cost of production

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The greater opportunity to make profit, the more incentive a company has to figure out how to make a profit.

True

False

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?