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Supply and Demand Flashcards | StudBud
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Supply and Demand
Supply and Demand
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Flashcards
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Questions
10
Answers
1
The bananas in the store are about to go bad. What will happen to the prices of bananas?
Decrease
Stay the same
No idea
Increase
2
Certain dog breeds are rare. What happens to the prices of these dogs?
Increase
I have no idea
Stay the same
Decrease
3
What happens to the demand of a rare Pokemon card?
Decreases
Increases
Stays the same
No idea
4
When the New York Jets are winning a lot of games, the ticket prices go...
No idea
Up
Stays the same
Down
5
There is a drought in California. What is happening to the price of water?
Stay the same
Increasing
I have no idea
Decreasing
6
iPhones are always in demand, so what will happen to the prices of these products?
Decrease (go down)
Stay the same
I have no idea
Increase (go up)
7
When the Star Wars movie came out, what happened to the prices of Star Wars toys?
Decreased
I have no idea
Stayed the same
Increased
8
After the holidays, what will happen to the prices of wrapping paper?
Increase
Stay the same
Decrease
I have no idea
9
Winter is coming. What will happen to the prices of the winter clothes in stores?
Decrease
Increase
Stay the same
I have no idea
10
Right before a snow storm, what happens to the demand of shovels and salt?
Stays the same
I have no idea
Decreases
Increases