Supply & Demand

Supply & Demand

12th Grade

16 Qs

quiz-placeholder

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Supply & Demand

Supply & Demand

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

Elizabeth Hynes

Used 8+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is from the perspective of consumers like you & me?

Supply

Demand

Both

Neither

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Demand curve slopes:

Upward

Downward

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Supply Curve slopes:

Upward

Downward

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If people's incomes rise, demand will generally:

Increase

Decrease

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When demand increases, the curve shifts to the:

left

right

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the Surgeon General warns that there was salmonella found in thousands of cantaloupes, demand for cantaloupe will:

Increase

Decrease

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the price of peanut butter skyrockets, the demand for jelly will:

increase

decrease

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