Classic Classic Quiz Supply and Demand by Dahl.jordan Dahl.jordan 4 played - 12 yrs ago Quiz show on cause and effect QUIZ 7 QUESTIONS medium 1 The amount of goods that producers are willing to make and sell DemandSupplySurplus 2 When the supply and demand is equal it is called what? EquilibrumSurplusShortage 3 You can raise prices and still sell the product when you have a what? ShortageSupplyEquilibrium 4 When the price is too high, demand decreases and you must offer sales and promotions. This means you have a what? SurplusSupplyShortage 5 Customer's willingness and ability to buy products. DemandSizeSupply 6 When the demand exceeds supply you have a what? SurplusShortageEquilibrium 7 What do you have when everyone is happy? ShortageDemandEquilibrium A mistake in this Quiz ? Contact the author Commentaires