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Froggy Jumps
Froggy Jumps

Supply and Demand Challenge

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Supply and Demand Challenge

Froggy Jumps

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About this activity

Economics basics quiz

Created by

[NTC-S] Nadine Fiedacan
[NTC-S] Nadine Fiedacan
Philippines

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Supply and Demand Challenge
 

Froggy Jumps

Supply and Demand ChallengeOnline version

Economics basics quiz

by [NTC-S] Nadine Fiedacan
1

What happens to price when demand increases while supply stays the same?

2

Which factor shifts the demand curve to the right?

3

What does a surplus indicate in a market?

4

If the price is above equilibrium, what tends to happen?

5

What is the Law of Demand?

6

Which factor shifts the supply curve to the right?

7

What is equilibrium price?

8

What causes a movement along the demand curve?

9

If a substitute good price rises, what is likely to happen to the demand for the original good?

10

What happens to quantity demanded when income rises for a normal good?

 
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