Worksheets9°
Total questions: 17
Worksheet time: 14mins
In economics , What is demand?
It is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service
Demand is the quantity of a services that consumers are willing and able to purchase at various prices during a given period of time.
Demand is the quantity of a good that Suppliers are willing and able to sell at various prices during a given period of time.
In economics, Whta is Supply?
It is a fundamental economic concept that describes the total amount of a specific Services that are available to consumers.
It is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time.
It is a fundamental economic concept that describes the total amount of a specific good or service that is available to consumers.
The law of demand says that at higher prices....(2 answers)
The buyer willingness to buy is reduced
Buyers are going to buy more of an economic good.
Buyers will demand less of an economic good.
The buyer willingness to buy is incresed.
None of the statements are true.
The law of supply says that at higher prices.... (2 answers)
The demnad will be stabled
The seller will supply less of an economic good.
The sellers willingness to supply an economic good will be higher.
Sellers will supply more of an economic good.
None of the statements are true.
Factors can Affect the Supply are ? (3 answers)
Production capacity.
How much money spend on salaries.
production costs such as labor and materials.
the number of competitors directly affect how much supply businesses can create.
The goverment taxes.
Factors can Affect the demand are? (3 answers)
The number of available substitutes.
the shifts (change) in the price of complementary products affect demand.
Production capacity.
consumer preferences.
The labour skills and salaries .
What is stock Market ?
It is about the economic decisions that people make.
Are where individual and institutional investors come together to buy and sell shares in a public venue.
The quantity of a good that consumers are willing and able to purchase at various prices.
the sector of market , you may spend between 40 to 80 percent of gross revenues on employee salaries and benefits combined.
What is a share of a company ?
It is a single unit of ownership in a company or financial asset.
It is the amount by which the ask price exceeds the bid price for an asset in the market.
It studies how the behaviors of individual market participants.
It is a way the ideas are shared.
What represents a BID in a market ?
The bid represents the supply
The bid represents the demand.
The bid represents demand and supply at the same time
The bid represents a portion of a company
What represents an ASK in the market ?
ask represents supply and demand at the same time.
ask represents a question without answers
An ask represents supply for an asset.
ask represents demand for an asset.
The law of supply says that at higher prices...(2 answers)
Sellers will supply more of an economic good.
The sellers willingness to supply an economic good will be higher
The demand will be stabled
The seller will supply less of an economic good
None of the statements are true
The economy of scale means that if
Production becomes more efficient as the number of goods being produced increases.
Production becomes more efficient as the number of goods being produced decreases
Production becomes more efficient as the number of goods being produced are more expensive.
In the economy of scale, the cost of each product can depend on...
People demand
The size of the individuals company
The supply
How the economy Primary sector is divided?
Primary sector includes agriculture, mining and other natural resource industries.
Primary sector includes manufacturing, engineering and construction
Primary sector includes education and research
What are the major market forces?
Government, international transactions,supply and demand, speculations and expectations.
Government, international transactions,Market sectors, Primary sector.
Government, international transactions,supply and demand, speculations and expectations.
What is the Stock Market?
The sector of market , you may spend between 40 to 80 percent of gross revenues on employee salaries and benefits combined.
The quantity of a good that consumers are willing and able to purchase at various prices.
It is about the economic decisions that people make.
Are where individual and institutional investors come together to buy and sell shares in a public venue.
What represents an ASK in the market?
An ask represents supply for an asset.
ask represents demand for an asset.
ask represents supply and demand at the same time
ask represents supply and demand at the same time
