supply and Deman

supply and Deman

5th Grade

11 Qs

quiz-placeholder

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supply and Deman

supply and Deman

Assessment

Quiz

History

5th Grade

Medium

Created by

Mark Walsh

Used 4+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supply

the amount of a good available for purchase

the price of an item

the property of an owner

the amount of profit collected

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is the supply HIGH or LOW...

Mom just baked 15 cookies and 12 friends are coming over

High

Low

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the demand for an item is high, people are willing to pay more for that item. The price will.....

increase

decrease

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is the demand high or low..

Store just received a truck full of apples. Two people are in line to purchase apples.

high

low

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

economy

production of goods

the amount of goods

production, consumption or trade of goods and services

the balnce of wealth and power

6.

DRAG AND DROP QUESTION

1 min • 1 pt

When the demand for an item is ​ ​ (a)   the price will be low. this means the price will ​ (b)  

low
decrease
high
increase
stay the same

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
The amount of goods or services available is called?
supply
demand
producer
consumer

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