Supply and Demand

Quiz
•
Business
•
10th - 12th Grade
•
Hard

Sam Huckstep
Used 318+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify the cause of an increase in quantity supplied
An increase in the price of the product
A decrease in the price of the product
An increase in the costs of production
A decrease in the costs of production
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify the impact an increase in the price would have on demand for cupcakes
An increase in demand for cupcakes
A decrease in demand for cupcakes
An increase in the quantity demanded of cupcakes
A decrease in the quantity demanded of cupcakes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify the graph that illustrates an increase in supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify the graph that illustrates an increase in quantity demanded
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify the graph that illustrates the impact of an increase in advertising
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify the graph that illustrates the impact of a decrease in costs of production
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify the graph that illustrates the impact of an increase in technology in production
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