
Navigating Supply and Demand in the Euro Market
Interactive Video
•
Social Studies
•
6th - 10th Grade
•
Hard

Ethan Morris
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the initial scenario introduced in the video?
Jonathan and Christy are given stores to manage.
Jonathan and Christy are attending an economics class.
Jonathan and Christy are learning about biology.
Jonathan and Christy are competing in a sports event.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when the supply of canes increases?
The price of canes decreases.
The demand for canes automatically increases.
The store closes down due to overstock.
Nothing changes in the market.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the supply curve demonstrate?
The relationship between price and quantity supplied.
The relationship between price and demand.
The relationship between demand and store location.
The relationship between supply and store size.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the outcome when the price is too high?
Supply decreases.
Demand increases.
A surplus of goods.
The store expands.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does an increase in price generally cause from the shop owner's perspective?
No change in supply or demand.
A decrease in the willingness to supply.
An increase in the willingness to supply.
A decrease in overall store value.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What effect does lowering prices have on demand?
It decreases demand.
It has no effect on demand.
It increases demand.
It only affects the supply curve.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where do the supply and demand curves intersect?
At the highest price point.
At the equilibrium point.
At the lowest supply point.
They never intersect.
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