Supply and Demand Article & Vocabulary Quiz

What is the main topic of the article?

• The history of Popeyes

• Supply and Demand

• The best chicken sandwich

• Economics of fast food

What was the new menu item introduced by Popeyes?

• Grilled chicken

• Chicken sandwich

• Chicken nuggets

• Fried chicken wings

What is the definition of 'limited-edition' as used in the article?

• Available for a long time

• Available in large quantities

• Available for a specific amount of time or in small quantity

• Available only online

What is the 'bandwagon effect'?

• When people want things because other people have them

• When a product is too expensive

• When a product is available everywhere

• When people avoid a product because others have it

What happens when there is more demand than supply?

• Supply increases

• Prices go up

• Prices stay the same

• Prices go down

Why did Popeyes start developing a chicken sandwich?

• To replace their chicken pieces

• To compete with Chick-fil-A

• To expand their breakfast menu

• To introduce a new dessert

What factor can affect supply and demand according to the article?

• Weather

• Color of the product

• Location of the store

• Type of packaging

When did Popeyes launch its fried-chicken sandwich?

• August 12

• September 1

• July 4

• October 31

What happened two weeks after the sandwich was launched?

• It was sold out

• It was discontinued

• It was given a discount

• It was available in more flavors

What did someone try to do with a Popeyes sandwich on eBay?

• Sell it for $1,000

• Trade it for a car

• Give it away for free

• Use it as a prize