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Quiz Society
> Supply and Demand
Society
Classic
Society
Classic
Quiz Supply and Demand
by
Dahl.jordan
Dahl.jordan
4 played -
10 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
Demand
Supply
Surplus
2
When the supply and demand is equal it is called what?
Equilibrum
Surplus
Shortage
3
You can raise prices and still sell the product when you have a what?
Shortage
Supply
Equilibrium
4
When the price is too high, demand decreases and you must offer sales and promotions. This means you have a what?
Surplus
Supply
Shortage
5
Customer's willingness and ability to buy products.
Demand
Size
Supply
6
When the demand exceeds supply you have a what?
Surplus
Shortage
Equilibrium
7
What do you have when everyone is happy?
Shortage
Demand
Equilibrium
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Generated on 6 Feb, 23h50