Changes in supply
Authored by Naomi Chapman
Business, Social Studies, Other
9th - 12th Grade
Used 172+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Costs of production rise
Supply falls
Supply rises
Quantity supplied rises
Quantity supplied falls
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Costs of production fall
Supply falls
Supply rises
Quantity supplied rises
Quantity supplied falls
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
New technology introduced
Supply falls
Supply rises
Quantity supplied rises
Quantity supplied falls
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An increase in the price of related goods
Supply falls
Supply rises
Quantity supplied rises
Quantity supplied falls
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A decrease in the price of related goods
Supply falls
Supply rises
Quantity supplied rises
Quantity supplied falls
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Technology fails
Supply falls
Supply rises
Quantity supplied rises
Quantity supplied falls
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
When technology fails, which two things happen?
increase in costs of production
decrease in costs of production
fall in revenue
a decrease in supply
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