Have an account?
Skip to Content
12 questions
Show Answers
See Preview
- Multiple ChoicePlease save your changes before editing any questions.In general, if the price of a good or service goes down, what happens to the demand for that good or service?demand goes updemand stays the samedemand goes downnone of the above
- Multiple ChoicePlease save your changes before editing any questions.
Amazon Prime is selling Smencils. There are only a few packs left and they are very popular. What will happen to the price?The price will go up.The price will go down. - Multiple ChoicePlease save your changes before editing any questions.a person or company that makes, grows, or supplies goods to sell is called the?damandpriceproducershortage
- Multiple ChoicePlease save your changes before editing any questions.In general, if the price of a good or service goes up, what happens to the demand for that good or service?demand goes updemand stays the samedemand goes downnone of the above
- Multiple ChoicePlease save your changes before editing any questions.The week before Halloween, pumpkin patches all around the country sell lots of pumpkins. What will happen to the price of pumpkins on the day after Halloween?The price will go up.The price will go down.
- Multiple ChoicePlease save your changes before editing any questions.Millions of people see a famous sports star drinking apple juice on television. The fans think apple juice helps make the athlete strong. What will happen to the price of apple juice?The price will go up.The price will go down.
- Multiple ChoicePlease save your changes before editing any questions.The amount of goods or services available is called?supplydemandproducerconsumer
- Multiple ChoicePlease save your changes before editing any questions.An individual or group who purchases goods.producerconsumergoodsservices
- Multiple ChoicePlease save your changes before editing any questions.A group of buyer and sellers of a particular good or serviceSupplyDemandAgencyMarket
- Multiple ChoicePlease save your changes before editing any questions.How much people want somethingsupplydemand
- Multiple ChoicePlease save your changes before editing any questions.Something we pay to use fora certain amount of timeservicesgoods
- Multiple ChoicePlease save your changes before editing any questions.Physical items that you can touch and see are called:GoodsNeedsServicesWants