11th Grade Demand & Supply Quizzes, Questions & Answers
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For every demand there must be a supply and if the demand for a product or service exceeds the supply there is a gap in the market. The quiz below is a study test for the Ch. 3 McConnell and Brue 15 ed on individual markets....
Questions: 25 | Attempts: 1723 | Last updated: Mar 22, 2025
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Sample QuestionA market is any arrangement that brings together the buyers and sellers of a particular good or service.
Explore the fundamentals of market behavior with this quiz on the Theory of Demand and Supply. Cover key concepts such as the law of demand, price elasticity, and market substitutes to enhance your understanding of economic...
Questions: 100 | Attempts: 1284 | Last updated: Feb 6, 2025
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Sample QuestionDemand for a commodity refers to :
In the study of business and microeconomics, you’ll come across the terms “supply and demand” fairly often. It’s the concept by which we judge how much of a particular good or service the market can...
Questions: 35 | Attempts: 5655 | Last updated: Oct 12, 2025
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Sample QuestionA perfectly competitive market consists of products that are all slightly different from one another
You will have 30 minutes to complete the 10 question quiz by Monday night at 11:59 p.m.
Questions: 10 | Attempts: 2632 | Last updated: Mar 22, 2025
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Sample QuestionA price floor is binding if:
This quiz assesses your knowledge over supply and demand, role of prices, shifts in market equilibrium, and the reasons for those shifts. Using notes will lower the highest possible grade to a B.
Questions: 40 | Attempts: 206 | Last updated: Mar 18, 2025
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Sample QuestionPoint at which quantity demanded equals the same amount as quantity supplied is called:
Recent Demand & Supply Quizzes
Explore the dynamics of the Tempe pizza market through this focused assessment. Dive into economic principles like supply, demand, and market equilibrium. Perfect for learners aiming to understand real-world applications of...
Questions: 29 | Attempts: 10 | Last updated: Aug 4, 2025
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Sample QuestionWhich of the following will not cause an increase in the demand for pizza in the Tempe pizza market?
Designed specifically for Ford's Economics 101 class, this assessment focuses on fundamental economic principles. It evaluates understanding of microeconomic concepts, enhancing students' ability to analyze economic issues and...
Questions: 28 | Attempts: 10 | Last updated: Aug 4, 2025
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Sample QuestionWhat is own-price elasticity of demand (Ed)?
Explore fundamental economic concepts in the 'Economic Analysis for Business Decisions' quiz. Covering topics from the basics of economics to macroeconomic principles, this quiz assesses your understanding of how economics...
Questions: 20 | Attempts: 176 | Last updated: Mar 15, 2025
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Sample QuestionThe word economics derived from –
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Dive into the intricate world of microeconomics with our 'Microeconomics Fundamentals Quiz.' This quiz is a journey through the essential concepts that govern individual economic units. Explore topics like supply and...
Questions: 25 | Attempts: 778 | Last updated: Oct 21, 2025
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Sample QuestionA function that indicates the maximum output per unit of time that a firm can produce, for every combination of inputs with a given technology, is called:
Chapter one seemed to go well enough for you, but as we continue to delve deeper into our ongoing studies of economics, you’ll see things start to get a little more complex. Keep at it, however, as this social science will...
Questions: 10 | Attempts: 423 | Last updated: Mar 20, 2025
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Sample QuestionThe supply and demand model examines how prices and quantities are determined:
Welcome to another awesome on-line quiz from EcoBizOnline.com.
The purpose of this quiz is to check your understanding of Quantity Demanded and Demand.
If you are unsure of a question, just give it your best shot :)
Remember...
Questions: 6 | Attempts: 169 | Last updated: Mar 17, 2025
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Sample QuestionQuantity Demanded: You must select three options.
Explore key concepts of elasticity through this focused quiz. Assess your understanding of how price and income changes impact demand, with scenarios ranging from government policies to student spending habits. Essential for...
Questions: 11 | Attempts: 4227 | Last updated: Mar 22, 2025
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Sample QuestionWhen quantity demanded falls more than proportionally in response to a price increase then demand is
Explore key economic concepts through 'Demand and a little Scarcity' quiz. Understand economic efficiency, opportunity costs, production possibility curves, shifts in demand, and price effects on demand. Ideal for learners...
Questions: 10 | Attempts: 134 | Last updated: Mar 21, 2025
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Sample QuestionWhen economists talk about `economic efficiency' they are implying that
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