Social Studies

11th -

12thgrade

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Supply and Demand

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60 questions

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  • 1. Multiple Choice
    20 seconds
    12 pts
    Image
    What does this curve represent?
    demand
    supply
    equilibrium
    shortage
  • 2. Multiple Choice
    20 seconds
    1 pt
    Image
    What does this curve represent?
    supply
    equilibrium
    demand
    surplus
  • 3. Multiple Choice
    30 seconds
    1 pt
    An increase in the price of aspirin is likely to be paired with a(n) ___________________ in the demand for Tylenol because the two goods are __________________.
    increase; complements
    increase; substitutes 
     decrease; complements 
     decrease; substitutes
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