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Supply & Demand

Authored by Carlie Williams

Social Studies

4th - 5th Grade

Used 3+ times

Supply & Demand
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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does demand mean?

to ask for something; order

price increase

price decrease

amount of something available

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the demand increases and the supply is low what happens...

price decreases

price increases

price stays the same

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the demand decreases and the supply increases what happens?

price increases

price decreases

price stays the same

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the demand increases and the supply increases what happens?

price increases

price decreases

price stays the same

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supply and Demand does NOT impact price.

true

false

6.

OPEN ENDED QUESTION

3 mins • Ungraded

Give me an example of when you have seen the price of something change because of supply and demand.

Evaluate responses using AI:

OFF

7.

OPEN ENDED QUESTION

3 mins • Ungraded

How does supply and demand affect our economy?

Evaluate responses using AI:

OFF

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