Supply and Demand

Supply and Demand

Assessment

Assessment

Created by

John Moody

Social Studies

12th Grade

2K plays

Medium

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15 questions

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1.

Multiple Choice

30 sec

1 pt

This part of the market determines DEMAND

buyers

sellers

suppliers

store owners

2.

Multiple Choice

30 sec

1 pt

This part of the market determines SUPPLY

buyers

sellers

consumers

us

3.

Multiple Choice

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

4.

Multiple Choice

30 sec

1 pt

When quantity supplied and quantity demanded is equal

surplus

shortage

equilibrium

law of demand

5.

Multiple Choice

30 sec

1 pt

Media Image

What does this curve represent?

supply

equilibrium

demand

surplus

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