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Supply and Demand Basics Quiz

Froggy Jumps

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Week on the chart

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Supply and Demand Basics Quiz
 

Froggy Jumps

Supply and Demand Basics QuizOnline version

Week on the chart

by DAVINDER SINGH
1

2

What does a supply schedule list?

3

On a standard graph, which axis shows price?

4

What causes a movement along the supply curve?

5

What mainly causes the supply curve to shift?

6

If the price of a good increases, what happens to quantity supplied (short term)?

7

What is the term for the graph of how much a producer is willing to supply at various prices?

8

What is the relationship between price and quantity supplied called?

9

Which sections are typically shown in the 'Supply' part of the page you studied?

10

What happens to supply when production costs fall?

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