Classic
Society
Quizz Society

Quiz Supply and Demand

4 played - 10 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?


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