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Supply and Demand Flashcards | StudBud
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Supply and Demand
Supply and Demand
5 terms
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StudBud Administration
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22 plays
students will identify key terms and basic understanding
Flashcards
5 cards
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Practice quiz
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Questions
5
Answers
1
The items in the store that are to be sold.
Basic needs
Natural Resources
Demands
Product Supply
2
If you have 9 baseball cards, then your
supply
of baseball cards is
3
18
9
81
3
When a customer wants a product
surplus
product supply
human resource
customer demand
4
A store is running low on Valentine’s Day cards during February. What is the supply & demand?
High demand and low supply
Low demand and high supply
5
The point at which supply and demand meet
cross-point
Mid Range
Median
Equilibrium