WorksheetsSupply and Demand
Total questions: 15
Worksheet time: 8mins
What is the title of our PoE theme?
Program of Entrepreneur
Supply and Demand
Price and Quantity
How much of a product or service is available.
It is....
Demand
Equilibrium
Supply
How much people want certain products or services. It is....
Demand
Suplly
Price
The current selling price drop. There will be ... supply.
more
less
no
The products are the new trend. There will be... demand.
no
less
more
More people sell the same product. There will be... supply.
more
less
no
The price of the resources used to make the product is lower than before. There will be... supply.
no
less
more
More people the need product. There will be... demand.
more
no
less
High supply = .... price
low
high
medium
Low supply = ... price
medium
low
high
High demand = ... price
high
low
medium
Low demand= ... price
High
Low
Medium
When there are more demands than supplies. The price will go ....
up
down
stable
When there are more supplies than demands. The price will go....
up
down
stable
There will be a time when the level of supply of certain products or services is equal to their level of demand. Such a situation is often referred to as ...
supply
equilibrium
demand
