Changes in Supply & Demand
Authored by Kayla Ash
Social Studies
9th - 12th Grade
Used 13+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
16 questions
Show all answers
1.
MATCH QUESTION
1 min • 1 pt
Match the following determinants of demand
Income
Complimentary & Substitute Goods
Market Size
Buyers preparing for a future event
Tastes
Influence & popularity of products
Related Prices
Amount of buyers in the market
Expectations
Amount of money consumers have to spend
2.
MATCH QUESTION
1 min • 1 pt
Match the following determinants of supply
Expectations
Suppliers preparing for a future event
Competition
Cost of production factors to make products
Related Prices
Complimentary & Substitute Goods
Technology
Updated or new machinery or tools
Input Prices
#of sellers producing product
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: NO MATTER WHAT if you INCREASE Demand or Supply it is a shift to the RIGHT
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: NO MATTER WHAT if you DECREASE Demand or Supply it is a shift to the LEFT
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a substitute?
Use in place of something similar quality
The opposite of another good
Use an exact replica of the same good
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a complimentary good?
A good you would use to enjoy another good
The opposite of another good
Use an exact replica of the same good
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Consumer get a tax cut. What happens in the market for TVS? What's the determinant?
Demand Increases due to changes in INCOME
Supply Increases due to changes in TECHNOLOGY
Supply Increases due to changes in COMPETITION
Demand Decreases due to changes in MARKET SIZE.
Demand Decreases due to changes in INCOME
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
Already have an account?
