Supply and Demand

Supply and Demand

5th Grade

10 Qs

quiz-placeholder

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Supply and Demand

Supply and Demand

Assessment

Quiz

History

5th Grade

Hard

Created by

Makenna Eash

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What happens to the price of ice cream if everyone wants it but there’s not enough for everyone?

It stays the same

It goes down

It goes up

It disappears

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

If there are too many apples at the store and not enough people buying them, what will happen to the price?

It goes up

It goes down

It stays the same

It becomes free

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Why do stores put toys on sale when they have too many left over?

To make more space

To make toys more expensive

To keep the toys forever

To confuse customers

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

If a new video game becomes super popular and everyone wants it, how will that affect the price?

The price will drop

The price will stay the same

The price will go up

The game will disappear

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Can you think of something people need more of in the winter than in the summer? How does that affect supply and demand?

People want less of it, so prices go up

People want more of it, so prices may go up

No one buys it, so it gets expensive

It has no effect

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

If a farmer grows a lot of pumpkins but people don’t want to buy pumpkins, what might happen?

The pumpkins get more expensive

The pumpkins are given away for free

The price of pumpkins goes down

Farmers grow more pumpkins

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What do you think happens to the price of swimsuits when summer ends? Why?

The price goes up because it's cold

The price stays the same

The price goes down because fewer people want them

The price goes up because they are rare

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