
demand and supply
Authored by rose wanjiku
Business
12th Grade
Used 4+ times

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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this curve represent?
Supply
Demand
Equillibrium
Quantity
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does this curve represent?
Demand
Supply
Equilibrium
Shortage
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If the price of printers goes down, what happens in the market for ink cartridges?
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The following is a factor that will not cause the demand curve to shift:
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The quantity of a good or service that producers are able and willing to offer for sale at a specified price in a given period of time is...
Supply
Quantity sold
Demand
Quantity demanded
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Generally speaking, the lower the price, the greater the quantity demand.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The point where supply and demand are balanced is?
Product
Demand
Surplus
Equilibrium
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