Home Library Explore SAT

Home Library Explore SAT

Markets, Demand and supply Flashcards | StudBud

Explore/Markets, Demand and supply

Markets, Demand and supply

6 terms·StudBud Administration·39 plays

a quiz on the demand and supply curve and factors that effect them as well as the makret system

Flashcards6 cardsFPractice quizPHost liveL

Questions 6

Answers

1
What is demand?
the amount of goods
The amount of people willing to pay for a product in a time
The amount of people there are
The demand for something
2
is this a demand or supply curve?
demand
supply
3
Which is an example of a market?
Warner Bros
eBay
Disney
Amazon
4
what can affect supply?
cost of production
change in technology
income
tax
5
is this a demand or supply curve?
supply
demand
6
what is supply
the amount of goods that buyers are willing to buy
the amount of goods that sellers are willing to sell
how much of something there is