Theory of Supply

Theory of Supply

Assessment

Assessment

Created by

Kalpana Saralaya

Social Studies

9th - 10th Grade

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20 questions

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1.

MULTIPLE CHOICE

45 sec • 1 pt

What happened to a supply curve when supply goes down?

2.

MULTIPLE CHOICE

30 sec • 1 pt

What is quantity of a good or service that producers sell at a market price?

3.

MULTIPLE CHOICE

1 min • 1 pt

Which is not a cause for supply to change?

4.

MULTIPLE CHOICE

45 sec • 1 pt

Which way does a supply curve slope?

5.

MULTIPLE CHOICE

1 min • 1 pt

a measure of the way a quantity supplied reacts to a change in price

6.

MULTIPLE CHOICE

30 sec • 1 pt

When the selling price of a good goes up, what is the relationship to the quantity supplied? 

7.

MULTIPLE CHOICE

1 min • 1 pt

What happened to a supply curve when supply goes down?

8.

MULTIPLE CHOICE

30 sec • 1 pt

Media Image

Which graph below shows the SUPPLY CURVE?

9.

MULTIPLE CHOICE

30 sec • 1 pt

This part of the market determines SUPPLY

10.

MULTIPLE CHOICE

1 min • 12 pts

In general, if the price of a good or service goes up, what happens to the supply for that good or service?

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