
supply
Quiz
•
English
•
2nd Grade
•
Medium
Астхик Саргсян
Used 1+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the price increases
the supply decreases
the supply increases
the supply doesn't change
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Not the price factor of changing the offer
the price of resources
technologies
supply price
expectations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The law of supply states
other things being equal, More of a good will be bought the lower its price. Less of a good will be bought the higher its price.
that as the price of a good or service increases, the quantity supplied will increase, ceteris paribus. This is because producers are motivated by profit, and higher prices mean higher profits. However, there are limits to how much producers can supply, due to factors such as production costs and availability of resources.
Hooke’s law states that strain is directly proportional to strain produced by the stress when a material is loaded within the elastic limit.
he concentrations of the products multiplied together, divided by the concentration of the reactants multiplied together, equal an equilibrium constant
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When ice cream is sold at a high price, the business is profitable and vice versa
it't true
it's false
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the price of ice cream ingredients rises, producing ice cream becomes more profitable
it's true
ot's false
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
if the supply is at a low level, then
firms stop production
firms do not stop production
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