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Elasticity Review
Quiz
•
Social Studies
•
11th Grade
•
Medium
Syane Dian
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is Demand Curve?
None of the answers is correct
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is Supply Curve?
None of the answers is correct
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which graph indicates an increase in demand?
D"
D'
None of the answers is correct
All correct
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which graph indicates a decrease in supply?
S"
S'
None of the answers is correct
All correct
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Demand is elastic if...
ED > 1
ED < 1
ES > 1
ES < 1
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Demand is inelastic if...
ED > 1
ED < 1
ES > 1
ES < 1
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Supply is elastic if...
ED > 1
ED < 1
ES > 1
ES < 1
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