Shortage or Surplus
Authored by Alyssa Hartley
Social Studies
4th Grade
Used 143+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If the store has 100 packs of toilet paper and 200 people want to buy it, is it a shortage or surplus?
shortage
surplus
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If there is 50 donuts made and 40 people buy them, will there be a shortage or a surplus?
shortage
surplus
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If there is 1,000 halloween costumes at the store and 800 people want to buy a costume is there a shortage or surplus of costumes?
shortage
surplus
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A small amount of popular toys are released right before Christmas. This will likely lead to a:
Shortage
Surplus
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Define Surplus
more items available for sale than people want to purchase
more people want an item than is available for purchase
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Define Shortage
more people want an item than is available for purchase
more items available for sale than people want to purchase
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Sometimes stores will put things on sale so that there won't be a surplus of goods leftover.
True
False
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