Supply And Demand Quizzes & Trivia

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What better way to test your knowledge of the ins and outs of supply and demand than awesome supply and demand quizzes? Test yourself and share these supply and demand quizzes with your friends and peers. Enhance your knowledge about supply and demand and learn something completely new by answering these insightful quiz questions. You can even get insights into creating awesome quizzes of your own with these supply and demand quizzes.

Each and every supply and demand quiz here has well-researched and interesting quiz questions that test your grasp of the subject. You can easily learn something new about supply and demand with every question you attempt.

Supply And Demand Questions & Answers


Which of the following is not a component of demand?
The correct answer is option B. Surplus occurs for a consumer when the difference in the price a consumer set aside or is willing to pay for a particular commodity is higher than the actual price of that commodity. It also occur for a producer when
What does the law of demand state?
Less will be demanded, the question doesn't make sense (needs multiple answers).
What is the definition of aggregate demand?
3. The level of demand for all goods and services during a given period of time
When there is a shortage what should be done?
In order to maintain profits the price will need to be increased.
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