At what point is equilibrium?
forms of market
University
•30 Qs
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forms of market
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Other
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University
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Easy
sailesh goenkka
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
$1
$2
$3
$4
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what point is there a surplus?
$1
$2
$3
$4
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this represent?
Increase in supply
Decrease in supply
Increase in demand
Decrease in demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this represent?
Decrease in supply
Increase in supply
Decrease in demand
Increase in demand
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Shortages
drive prices up
drive prices down
have no affect on price
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this represent?
Increase in supply
Decrease in supply
Increase in demand
Decrease in demand
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does this represent?
Increase in supply
Decrease in supply
Increase in demand
Decrease in demand
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