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11th Grade Demand & Supply Quizzes, Questions & Answers

Top Trending Demand & Supply Quizzes


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
  • Sample Question
    A market is any arrangement that brings together the buyers and sellers of a particular good or service.
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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
  • Sample Question
    Demand for a commodity refers to :
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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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    A perfectly competitive market consists of products that are all slightly different from one another
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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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    A price floor is binding if:
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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
  • Sample Question
    Point at which quantity demanded equals the same amount as quantity supplied is called:
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