2.4 Supply
2 hours ago
deanhoss
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14 QuestionsShow answers
  • Question 1
    120 seconds
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    Q. A decrease in the price of a good will
    answer choices
    increase supply.
    decrease supply.
    increase quantity supplied.
    decrease quantity supplied.
  • Question 2
    30 seconds
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    Q. Which way does a supply curve slope?
    answer choices
    down
    up
    both
    neither
  • Question 3
    300 seconds
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    Q. Which graph below shows the SUPPLY CURVE?
    answer choices
    A
    B
    C
    D
  • Question 4
    30 seconds
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    Q. This part of the market determines SUPPLY
    answer choices
    buyers
    sellers
    consumers
    us
  • Question 5
    60 seconds
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    Q. The diagram represents a(n)
    answer choices
    increase in supply
    decrease in supply
    change in quantity supplied
    none of the above
  • Question 6
    30 seconds
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    Q. How many cup holders are producers willing to supply at a price of $2.50?
    answer choices
    3,000
    4,000
    5,000
    7,000
  • Question 7
    900 seconds
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    Q. The Law of Supply states:
    answer choices
    as price increases, supply increases
    as prices decrease, supply increases
  • Question 8
    30 seconds
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    Q. How Many cup holders are producers willing to supply at a price of $3.00?
    answer choices
    3,000
    4,000
    5,000
    7,000
  • Question 9
    30 seconds
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    Q. What happened to a supply curve when supply goes down?
    answer choices
    moves left
    moves rights
    moves up
    moves down
  • Question 10
    30 seconds
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    Q. When the supply of a product or service goes up and the demand stays the same the Price will typically do what? 
    answer choices
    rise
    fall
    stay the same
    Consumer
  • Question 11
    30 seconds
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    Q. When the demand for a product or service is higher than the supply this causes what?
    answer choices
    shortage
    consumer
    surplus
    equilibrium
  • Question 12
    30 seconds
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    Q. When there is a shortage the price will usually? 
    answer choices
    rise
    fall
    remain the same
    equilibrium
  • Question 13
    30 seconds
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    Q. What does this curve represent?
    answer choices
    supply
    equilibrium
    demand
    surplus
  • Question 14
    30 seconds
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    Q. What does this curve represent?
    answer choices
    demand
    supply
    equilibrium
    shortage
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