Why does increase in price cause an increase in supply?

TO Akpol 01

Quiz
•
English
•
Professional Development
•
Hard
Hikari Seishin
Used 4+ times
FREE Resource
55 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A. Consumers buy more goods when prices are high.
B. Producers make more goods when prices are high.
C. Producers want to sell all of their goods.
D. Consumers will not buy all of the goods.
E. Consumers will buy all of the goods.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When will the producers have a surplus of goods?
A. When supply equals demand.
B. When there is more supply than demand.
C. When there is more demand than supply.
D. When they sell all of their goods.
E. When consumers buy all of the goods.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The word ‘intersect’ in the last paragraph has an opposite meaning with the word ....
A. meet.
B. together.
C. increase.
D. avoid.
E. improve.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is mainly discussed in the text above?
A. Law of Supply and Demand.
B. Equilibrium Point.
C. Surplus supply.
D. Demand shortage.
E. Economic Principle.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT the benefit of recycling?
A. It costs much money for the process of recycling.
B. It costs less to make new products.
C. It requires less energy.
D. It can reduce pollution.
E. It reduces the demand for high-pollution alternatives.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the third step of recycling paper products?
A. Collect and search for contaminants such as plastic bags and aluminum foil.
B. Mix the paper with hot water in a blender which turns it into pulp.
C. Screen and filter the pulp to remove smaller contaminants.
D. Put the pulp to a large vat to separate the ink from the paper fibers.
E. Mix the pulp with new wood fibers to be made into paper again.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
We can make use of the ink after being separated from the paper fibers by doing the followings, EXCEPT ....
A. Skim it off.
B. Dry it.
C. Reuse as ink.
D. Burn as boiler fuel.
E. Mix it with the pulp.
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