Supply and Demand

Supply and Demand

10th - 12th Grade

10 Qs

quiz-placeholder

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Supply and Demand

Supply and Demand

Assessment

Quiz

Business

10th - 12th Grade

Hard

Created by

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

Media Image
Media Image
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4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the graph that illustrates an increase in quantity demanded

Media Image
Media Image
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5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the graph that illustrates the impact of an increase in advertising

Media Image
Media Image
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Media Image

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the graph that illustrates the impact of a decrease in costs of production

Media Image
Media Image
Media Image
Media Image

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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Media Image
Media Image
Media Image

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