Supply and demand

Supply and demand

12th Grade

10 Qs

quiz-placeholder

Similar activities

Economics Final Exam Revision

Economics Final Exam Revision

12th Grade

15 Qs

Microeconomics Review

Microeconomics Review

9th - 12th Grade

13 Qs

The AD /AS model

The AD /AS model

12th Grade

10 Qs

POBF Price 5.01F

POBF Price 5.01F

9th - 12th Grade

15 Qs

Supply and Demand

Supply and Demand

9th - 12th Grade

12 Qs

Price formation in competitive markets - mixed Qs

Price formation in competitive markets - mixed Qs

12th Grade

12 Qs

Edexcel Economics 1.2.7 Price Determination

Edexcel Economics 1.2.7 Price Determination

12th Grade

12 Qs

Supply and demand

Supply and demand

Assessment

Quiz

Business

12th Grade

Medium

Created by

Alf Pint

Used 24+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

On a graph, demand slopes from

bottom left to top right

top left to top right

top left to bottom right

bottom left to bottom right

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

An increase in UK incomes would cause a shift in demand to the ...............

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

An increase in supply due to new technology would cause :

equilibrium price to rise

equilibrium price to go up

equilibrium price to reduce

equilibrium price to stay the same

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Food poisoning in a restaurant would cause demand to

shift to the right

shift to the left

be unaffected

increase

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A factor affecting supply : external ................

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A factor affecting demand = c

condiments

complements

condominiums

consommes

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

If the price of a substitute rises then demand for your product would ................

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?