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Changes in demand and supply

Authored by Ip Henry

Business

9th - 12th Grade

Used 1+ times

Changes in demand and supply
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Country X, a growing trend toward health consciousness leads consumers to prefer organic food products. What is the impact on organic food market?

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2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Country Y, the government introduces a subsidy for electric vehicle (EV) manufacturers to promote environmental sustainability. What is the impact on the EV market?

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3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Country A, the price of coffee rises sharply due to supply shortages from major coffee-producing countries. What is the impact on the TEA market?

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4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Country A, the price of French fries rises sharply due to shortages from major potato-producing countries. What is the impact on the BURGER market?

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5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Country Z, the agricultural sector experiences a bumper harvest of wheat due to favorable weather conditions. What is the impact on the wheat market?

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6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Country C, an economic recession leads to widespread job losses and reduced consumer incomes. What is the impact on the luxury goods market?

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7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Country C, an economic recession leads to widespread job losses and reduced consumer incomes. What is the impact on the public transport market?

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