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Supply and Demand Quiz

Quiz by Tamika Dickerson

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4 questions
Show answers
  • Q1
    This refers to how many of a certain good or services are available for people to purchase.
    price
    demand
    supply
    30s
  • Q2
    This means how many people wish to buy that good or service
    supply
    demand
    price
    30s
  • Q3
    Usually as prices rise, the supply or amont of a product increases and as prices fall, the supply decreases as more people can afford the product.
    false
    true
    30s
  • Q4
    Which of these probably has the least affect how well a product sells?
    The quality of product- how good it is.
    Where the employees went to school.
    How well it is advertised
    30s

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