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Froggy Jumps
Froggy Jumps

Demand and Supply Essentials

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Demand and Supply Essentials

Froggy Jumps

Played 1 %Accuracy 80 Average time 01:52
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About this activity

Core concepts and questions

Created by

Yuviah Carballo
Yuviah Carballo
Philippines

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Demand and Supply Essentials
 

Froggy Jumps

Demand and Supply EssentialsOnline version

Core concepts and questions

by Yuviah Carballo
1

What does the law of demand state about price and quantity demanded?

2

Which would cause a shift in the demand curve?

3

What happens to quantity supplied when price rises?

4

Which would cause a shift in the supply curve?

5

What occurs at market equilibrium?

6

If demand increases and supply remains unchanged, what happens to price?

7

What is a price floor?

8

What is a price ceiling?

9

What happens to a surplus when the market price is above equilibrium?

10

What is elasticity in demand?

 
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