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Economics - Supply And Demand Quiz Flashcards | StudBud

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Economics - Supply And Demand Quiz

10 terms·StudBud Administration·419 plays

By: Derk L. Poortenga

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Questions 10

Answers

1
What Would Increase the Demand for Hotdogs
Lower Price for Hamburgers
A Lower Price for Hotdogs
Higher Price For Hotdog Buns
A High Supply of Hotdogs
2
What Would Decrease the Demand for Videogames?
Increase of Price of Video Game Creation Software
Price of Hotdogs Increases
Higher Prices of Video Games
Higher Prices for the Game
3
What would Increase the Supply Of Videogames
Cheaper Software For Game Creation
A New Video Game Company Startes
Price of the Video Game Decreases
EA Goes out of Business
4
What Is the Equilibrium Of this Chart? Hint, It says it on the graph!
Choo Choo
An Increase In Price
5, 5
1 , 1
5
What Would Decrease the Demand for Hotdogs
Higher Price for Hotdogs
Lower Price for Hamburgers
Lower Price For Hotdog Buns
A High Supply of Hotdogs
6
What Point Would cause a Surplus? [x,y]
Cow Says "Mooooo"
1,1
5,5
10,10
7
Define Market Equilibrium
point where quantity demanded is equal to quantity supplied
Something to Do with Cows - Moo
Economics
8
What would Decrease the Supply Of Videogames
Price of the Video Game Decreases
New Video Game Company Startes
EA Goes out of Business
Cheaper Software For Game Creation
9
Who Is the Best Teacher in Tri County
Mr. Williams
Mr. Briggs
Mr. Cain
Bob
10
What Would Increase the Demand for Videogames?
Increase of Price of Video Game Creation Software
Higher Prices of Video Games
Price of Hotdogs Increases
Cheaper Prices for the Game