Classic
Quiz General knowledge

Quiz Supply and Demand

4 played - 12 yrs ago

Quiz show on cause and effect

 

Medium QUIZ 7 QUESTIONS
medium
1

The amount of goods that producers are willing to make and sell

2

When the supply and demand is equal it is called what?

3

You can raise prices and still sell the product when you have a what?

4

When the price is too high, demand decreases and you must offer sales and promotions. This means you have a what?

5

Customer's willingness and ability to buy products.

6

When the demand exceeds supply you have a what?

7

What do you have when everyone is happy?