Supply & Demand

Supply & Demand

1st - 3rd Grade

15 Qs

quiz-placeholder

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Supply & Demand

Supply & Demand

Assessment

Quiz

Social Studies

1st - 3rd Grade

Practice Problem

Hard

Created by

Julie DurantRdES

Used 25+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When the newest version of the iPhone came out, the older version went on sale.

What is the supply of the older iPhone?

Low

High

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When the newest version of the iPhone came out, the older version went on sale.

What is the demand for the older iPhone?

Low

High

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

During the Thanksgiving season, the price of turkey increases because everyone wants one for their Thanksgiving dinner. What is the supply of turkey?

Low

High

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

During the Thanksgiving season, the price of turkey increases because everyone wants one for their Thanksgiving dinner. What is the demand for turkeys?

Low

High

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

It's the day before Valentine's day. A store is running low on Valentine's cards. They raise the price of the cards.

The demand is:

Low

High

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

It's the day before Valentine's day. A store is running low on Valentine's cards. They raise the price of the cards.

The supply is:

Low

High

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A shoe store is having a sale on all of last year's shoes. The demand for last year's shoes is:

Low

High

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