Supply and Demand Review

Supply and Demand Review

9th - 12th Grade

20 Qs

quiz-placeholder

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Supply and Demand Review

Supply and Demand Review

Assessment

Quiz

Social Studies

9th - 12th Grade

Easy

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Used 12+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For the law of demand, as price rises, what happens to quantity demanded?
it goes up
it goes down
it stays the same
it is not effected

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This part of the market determines SUPPLY
buyers
sellers
consumers
us

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A change in the price of substitute goods.

Shift in Supply

Shift in Demand

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A change in producer expectations.

Shift in Supply

Shift in Demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For the law of supply, as price rises, what happens to quantity supplied?
it goes up
it goes down
it stays the same
it is not effected

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A change in the price of complimentary goods.

Shift in Supply

Shift in Demand

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An improvement in manufacturing technology.

Shift in Supply

Shift in Demand

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