Quiz: Demand and Supply
WJEC Eduqas GCE A LEVEL in BUSINESS specification
Ready to start this lesson?
Sign in to track your progress. 10 steps including 8 interactive questions.
Sign In to Start Learning
Students also studied
Browse allSteps in this lesson (10)
Welcome to this quiz on demand and supply. Test your knowledge with 10 questions!
What happens to demand when the price of a product increases, assuming all other factors remain constant?
Start the lesson to answer this multiple choice question
Which of the following factors can affect demand for a product? (Select all that apply)
Start the lesson to answer this multi-select question
When the price of a product rises, suppliers are likely to {{blank0}} their supply, as they can earn more profit.
Start the lesson to answer this fill in the blank question
Match the items on the left with their correct pairs on the right
Start the lesson to answer this matching question
Match the items on the left with their correct pairs on the right
Start the lesson to answer this math equation question
What is the term for goods where demand increases as consumer income rises?
Start the lesson to answer this multiple choice question
Which scenarios illustrate shifts in supply? (Select all that apply)
Start the lesson to answer this multi-select question
Match the items on the left with their correct pairs on the right
Goods that are typically used together, such as bread and butter, are called {{blank0}} goods.
Start the lesson to answer this fill in the blank question
Want to Learn More?
Get personalised lessons, quizzes, and instant feedback from your AI tutor.
Explore More Topics