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WorksheetsSupply and Demand
Total questions: 15
Worksheet time: 8mins
A year ago, there were 12 companies that made motorized scooters. But over the past month, 5 of those companies went out of business. What probably happened to the overall supply of motorized scooters?
The supply probably went up.
The supply probably went down.
In 1940, scientists invented a new form of synthetic, or artificial, rubber. It was cheaper to work with than natural rubber. What happened to the overall supply of rubber tires after 1940?
The supply went up
The supply went down
A drought has made this year's tomato harvest smaller than usual. What will probably happen to the overall supply of tomato sauce?
The supply will probably go up
The supply will probably go down
Last year, 50,000 people lived in the city of Fairfax.
But since then, 8,000 people have moved away. What probably happened to the overall supply of houses for sale in Fairfax?
The supply probably went up
The supply probably went down
Summerfield's population has grown by 10,000 people per year for the last five years. What has probably happened to the overall demand for apartments in Summerfield?
The demand has probably gone up
The demand has probably gone down
What will happen to the price of corn if almost no rain falls on corn crops?
The price will increase
The price will decrease
