What is the primary objective of the handshake market activity?
The Handshake Market: Supply & Demand Activity

Interactive Video
•
Business
•
11th Grade - University
•
Hard
Quizizz Content
FREE Resource
Read more
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To explore the impact of taxes on goods.
To understand how prices are determined in a market.
To learn how to negotiate prices effectively.
To practice selling products at a high price.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the handshake market activity, what is the role of the blue cards?
They represent the maximum price a seller can charge.
They indicate the minimum price a buyer is willing to pay.
They show the price a buyer is willing to pay.
They are used to track the number of transactions.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What must participants do after completing a transaction in the handshake market activity?
Keep the same card for the next round.
Return the card and pick a new one randomly.
Leave the market immediately.
Negotiate a new price with the same partner.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the 'leave the market' option in the activity?
To encourage participants to negotiate better.
To prevent participants from making a loss.
To allow participants to take a break.
To increase the number of transactions.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when a price ceiling is introduced in the market?
Prices decrease and quantity decreases.
Prices increase and quantity increases.
Prices remain the same and quantity increases.
Prices increase and quantity decreases.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of reaching equilibrium in the handshake market?
It suggests that sellers are not making profits.
It means that buyers are leaving the market.
It shows that supply equals demand.
It indicates that prices are too high.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the introduction of a substitute affect the handshake market?
It decreases the demand for handshakes.
It increases the demand for handshakes.
It increases the price of handshakes.
It has no effect on the demand for handshakes.
Create a free account and access millions of resources
Similar Resources on Quizizz
8 questions
Micro 2017 FRQ #1- Perfect Competition, Long-run, Supply, Demand, Price Ceiling

Interactive video
•
11th Grade - University
4 questions
Pearl Exchange- Demand and Supply Activity

Interactive video
•
11th Grade - University
6 questions
Consumer and Producer Surplus and Dead Weight Loss

Interactive video
•
11th Grade - University
6 questions
The Biggest Telescope EVAR!

Interactive video
•
11th Grade - University
8 questions
First Impression - How to Use Posture and Gesture

Interactive video
•
12th Grade - University
8 questions
Pearl Exchange- Demand and Supply Activity

Interactive video
•
11th Grade - University
8 questions
Kenetic: Handshake Could Become Bigger Than Bitcoin in 5 Years

Interactive video
•
University
8 questions
Micro 2017 FRQ #1- Perfect Competition, Long-run, Supply, Demand, Price Ceiling

Interactive video
•
11th Grade - University
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
Discover more resources for Business
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
10 questions
Right Triangles: Pythagorean Theorem and Trig

Quiz
•
11th Grade
65 questions
MegaQuiz v2 2025

Quiz
•
9th - 12th Grade
10 questions
GPA Lesson

Lesson
•
9th - 12th Grade
15 questions
SMART Goals

Quiz
•
8th - 12th Grade