Have an account?
Skip to Content
Build your own quiz
.png)
12 questions
Show Answers
See Preview
- 1. Multiple ChoiceIn 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
- 2. Multiple Choice
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. - 3. Multiple Choicea person or company that makes, grows, or supplies goods to sell is called the?damandpriceproducershortage
- 4. Multiple ChoiceIn 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
- 5. Multiple ChoiceThe 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.
- 6. Multiple ChoiceMillions 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.
- 7. Multiple ChoiceThe amount of goods or services available is called?supplydemandproducerconsumer
- 8. Multiple ChoiceAn individual or group who purchases goods.producerconsumergoodsservices
- 9. Multiple ChoiceA group of buyer and sellers of a particular good or serviceSupplyDemandAgencyMarket
- 10. Multiple ChoiceHow much people want somethingsupplydemand
- 11. Multiple ChoiceSomething we pay to use fora certain amount of timeservicesgoods
- 12. Multiple ChoicePhysical items that you can touch and see are called:GoodsNeedsServicesWants
- Answer choicesTagsAnswer choicesTags