What happens to the quantity of lemonade produced as the price increases?

Supply and Demand Concepts

Interactive Video
•
Business
•
9th - 10th Grade
•
Hard

Patricia Brown
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It decreases.
It remains the same.
It fluctuates randomly.
It increases.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does an increase in price affect in terms of supply?
It shifts the supply curve.
It decreases supply.
It increases quantity supplied.
It increases supply.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the result of a shift in the supply curve?
A change in quantity supplied at every price.
A change in demand.
A change in price.
A change in consumer preferences.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following can cause an increase in supply?
Higher input costs.
Improved production technology.
New regulations.
Increased taxes.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can global events affect supply?
They can either increase or decrease supply.
They only affect demand.
They have no effect.
They always decrease supply.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the effect of a new tax on supply?
It has no effect.
It decreases supply.
It shifts demand.
It increases supply.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role do subsidies play in supply?
They shift demand.
They have no effect.
They decrease supply.
They increase supply.
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