Quiz

Supply and Demand Quiz

brendacrystal07 10 perguntas 4,0 (1 avaliação)

Fazer o quiz

Perguntas do quiz (10)

1In a supply and demand graph, when the demand line shifts to the right, the demand increases.
1. AVerdadeiro
2. BFalso
2Taxes and subsidies are variables that can affect the supply shift factor.
1. AVerdadeiro
2. BFalso
3When the price on an item increases, the supply provided by the sellers decreases.
1. AVerdadeiro
2. BFalso
4When talking about the elasticity of demand, the price of an item is not important.
1. AVerdadeiro
2. BFalso
5A market takes place when more than one buyer and seller are present.
1. AVerdadeiro
2. BFalso
6In an inelastic graph, there is a huge change in demand when the price shifts.
1. AVerdadeiro
2. BFalso
7The graph of elastic supply is less horizontal compared to the inelastic graph
1. AVerdadeiro
2. BFalso
8The production of Jolly Ranchers is an example of inelastic supply
1. AVerdadeiro
2. BFalso
9When a supply curve shifts to the left, that symbolizes an increase in supply.
1. AVerdadeiro
2. BFalso
10The point where the supply curve meets the demand curve shows a shortage.
1. AVerdadeiro
2. BFalso

Descrição: Quiz sobre Supply and Demand Quiz, criado por brendacrystal07 em 23-10-2014.
Autor: brendacrystal07
Idioma: English
Visualizações: 141
Etiquetas: economics true or false quiz suply demand
Avaliação: 4,0 de 5 · 1 avaliação
Avalie este quiz
Avalie este quiz