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Market Equilibrium Quiz

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Market Equilibrium Quiz

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About this activity

Price signals and market balance.

Created by

Ms Marsden
Ms Marsden
United Arab Emirates

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Market Equilibrium Quiz
 

Market Equilibrium QuizOnline version

Price signals and market balance.

by Ms Marsden
1

What happens when demand increases and supply stays unchanged, in a market with price flexibility?

2

What is a shift in the demand curve caused by?

3

Which of the following causes a movement along the demand curve?

4

What does the price mechanism primarily do in a market?

5

A decrease in supply with a constant demand causes which outcome?

6

What is meant by market equilibrium?

7

What signals producers to adjust output in a market?

8

Which factor causes a movement along the supply curve?

 
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