Economics Practice 3: All About Supply Exercise

Economics Practice 3: All About Supply

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Economics Practice 3: All About Supply

Discover what supply means in economics and how the amount of available items affects markets.

Questions

  1. MultiChoice

    What does 'supply' mean in economics?

  2. MultiChoice

    If an orchard picks 100 baskets of peaches, what is the supply of peaches?

  3. WordsBox

    High supply means there is a ____ of an item ____

  4. MultiChoice

    What might cause the supply of apples to drop?

  5. MultiChoice

    If a factory makes more toy cars than ever before, what happens to the supply of toy cars?

  6. MultiChoice

    Where does the supply of milk come from?

  7. WordsBox

    A store owner controls the ____ of items placed on store ____

  8. MultiChoice

    What is a limited supply?

  9. MultiChoice

    If a baker bakes 50 muffins every morning, 50 represents the baker's daily...

  10. WordsBox

    If a factory stops working, the ____ of its products will ____

  11. MultiChoice

    Which situation shows an increase in supply?

  12. MultiChoice

    Why do producers increase their supply of goods?