Supply

Supply

Assessment

Flashcard

12th Grade

Hard

Created by

Wayground Content

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

A decrease in the price of a good will

Back

decrease quantity supplied.

2.

FLASHCARD QUESTION

Front

Which way does a supply curve slope?

Back

up

3.

FLASHCARD QUESTION

Front

Which graph below shows the SUPPLY CURVE?

Back

A

4.

FLASHCARD QUESTION

Front

This part of the market determines SUPPLY

Back

sellers

5.

FLASHCARD QUESTION

Front

The diagram represents a(n)

Back

increase in supply

6.

FLASHCARD QUESTION

Front

How many cup holders are producers willing to supply at a price of $2.50?

Back

3000

7.

FLASHCARD QUESTION

Front

The Law of Supply states:

Back

as price increases, supply increases

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