
Supply and Demand
Authored by Adrian Anguiano
Social Studies
9th - 12th Grade
Used 13+ times

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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A hurricane wipes out an orange crop in Florida, sharply affecting the supply of oranges. Which chart demonstrates this concept?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This part of the market determines SUPPLY
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The Law of Supply states:
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following would not shift the supply curve for iphones?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Graph shows which of the following?
(actually use this graph to answer the question)
a decrease in demand (shift) and a decrease in quantity supplied
a decrease in demand (shift) and a decrease in supply
a decrease in quantity demanded and a decrease in quantity supplied
a decrease in quantity demanded and a decrease in supply (shift)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Assume the image is showing the market for apples. Which of the headlines could indicate the pictured shift is occurring in the market?
Pesticides on apples linked to mouth cancer.
Storms destroy apple orchards.
An apple a day really does keep the doctor away.
New genetic strain leads to apple trees that produce twice as many apples.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a determinant of the supply of peanut butter?
The price of peanuts
The wages of peanut butter factory workers
The income of peanut butter consumers
Existing peanut butter making technology
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