Supply and Demand
Quiz
•
Social Studies
•
5th Grade
•
Medium
Wayground Content
Used 4+ times
FREE Resource
11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Weather forecasters predict this summer will be much hotter than usual. What will probably happen to the demand for air conditioners?
The demand will probably go up
The demand will probably go down
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
In 1940, scientists invented a new form of synthetic, or artificial, rubber. It was cheaper to work with than natural rubber. What happened to the overall supply of rubber tires after 1940?
The supply went up
The supply went down
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A year ago, there were 12 companies that made motorized scooters. But over the past month, 5 of those companies went out of business. What probably happened to the overall supply of motorized scooters?
The supply went up.
The supply went down.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Long ago, all books were copied by hand. Making new copies was a lot of work and took a long time. But the invention of the printing press made copying books faster and easier. What happened to the overall supply of books after the printing press was invented?
The supply went up.
The supply went down
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
According to a recent newspaper story, more Americans own dogs than ever before. As a result, ten new companies start making and selling dog food. What will probably happen to the overall supply of dog food?
The supply will probably go up.
The supply will probably go down.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Last year, taxes went up by $100 per person in
Dover. What probably happened to overall demand for goods and services in Dover?
The demand probably went up
The demand probably went down
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In the 1970s, several countries in the Middle East decided to pump less oil from their oil wells. Oil is often made into gasoline. What happened to the world's overall supply of gasoline?
The supply went up
The supply went down
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