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Social Studies

3rd -

7thgrade

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Supply and Demand

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15 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    Supply is how much of a good or service is available to buy.

    True

    False

  • 2. Multiple Choice
    30 seconds
    1 pt

    Demand is how much of a good or service people want to buy.

    True

    False

  • 3. Multiple Choice
    30 seconds
    1 pt

    When the demand is high, and the supplyis low the ________of goods or services goes up.

    price

    goods

    service

    consumer

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