If both demand and supply curves shift rightward then equilibrium quantity increase
TOPIC 3 - MARKET EQUILIBRIUM

Quiz
•
Other
•
University
•
Hard
thaneshwary Balakirshnan
Used 3+ times
FREE Resource
23 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
True
False
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A ___ ___ keeps prices form going any lower and causes a ___ ___ .
Price ceiling; Shortage
Price Ceiling; Surplus
Price Floor; Shortage
Price Floor; Surplus
3.
MULTIPLE SELECT QUESTION
1 min • 1 pt
What are the method to determine equilibrium price and equilibrium quantity ?
Mathematical equation method
Table method
Graphical method
Non of above
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A___ ___keeps prices form going any higher and causes a________ .
Price ceilling; Shortage
Price ceiling; Surplus
Price floor; Shortage
Price floor; Surplus
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The equilibrium price is the price level at which there is no surplus or shortage in the market
True
False
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Above graf shows as
Decreased demand
Increased demand
Increased supply
Decreased supply
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Above graf shows as
Decreased supply
Decreased demand
Increased demand
Increased supply
Create a free account and access millions of resources
Similar Resources on Quizizz
25 questions
Mikroekonomi

Quiz
•
University
20 questions
3. MICRO-CH-4

Quiz
•
University
20 questions
Supply and Demand Quiz

Quiz
•
University
25 questions
Microeconomics Quiz

Quiz
•
University
20 questions
05 Week Sem 2 Economics U2 QUIZ

Quiz
•
12th Grade - University
25 questions
EXCEL MINDS ACADEMIC GROUP, FACULTY OF MANAGEMENT SCIENCES

Quiz
•
University
19 questions
Fundamental and Technical Analysis

Quiz
•
University
18 questions
Supply & Demand

Quiz
•
KG - University
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade