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Froggy Jumps
Froggy Jumps

Demand and Supply Quiz

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Demand and Supply Quiz

Froggy Jumps

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About this activity

Economic basics quiz

Created by

Arianna Moore
Arianna Moore
Trinidad and Tobago

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Demand and Supply Quiz
 

Froggy Jumps

Demand and Supply QuizOnline version

Economic basics quiz

by Arianna Moore
1

A flood reduces the production of tomatoes across Trinidad and Tobago. What is the most likely effect on the market price of tomatoes?

2

If both demand and supply increase, what happens to equilibrium price?

3

What is the law of demand?

4

If a substitute in production becomes cheaper, supply of the original good tends to

5

Equilibrium price is where

 
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