Law of Demand and Supply

Law of Demand and Supply

1st - 4th Grade

9 Qs

quiz-placeholder

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Law of Demand and Supply

Law of Demand and Supply

Assessment

Quiz

Social Studies

1st - 4th Grade

Easy

Created by

Jan May Lara

Used 67+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

Your class is raising funds for Mano Amiga. 

Each day, you have to sell donuts for 20 pesos each.

Proceed

Proceed

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

1. On Monday, your class sold all 50 donuts in less than 10 minutes during recess time. What was higher, the supply or the demand?

supply

demand

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

2. On Tuesday, your class added 20 more donuts to sell. 

Did you increase the supply or the demand?

supply

demand

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

3. You were able to sell all 70 donuts, but there were 30 more students who wanted to, but did not get to buy since you ran out of donuts.

This is an example of ______.

surplus

shortage

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

4. On Wednesday, the 5th graders gave away free muffins.

Do you think this would cause the demand for donuts to go up or go down?

demand goes up

demand goes down

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

5. Since only a few students wanted to buy donuts, should you make the price for the donuts higher or lower?

higher

lower

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

6. On Thursday, your class added a new and improved version of your donuts with cookie crumb topping. 

Do you think this would cause the demand for donuts to go up or go down?

demand goes up

demand goes down

8.

OPEN ENDED QUESTION

45 sec • 1 pt

7. As a member of the class that sells donuts, do you want a higher demand or a higher supply of donuts? Or neither? Or both? Why?

Evaluate responses using AI:

OFF

9.

OPEN ENDED QUESTION

30 sec • 1 pt

8. If the demand is high but you are allowed to sell only 25 pieces of donuts a day, what would you do with its price?

Evaluate responses using AI:

OFF