This quiz focuses on understanding basic economic concepts such as goods and services, consumers and producers, demand and supply dynamics, and their impact on prices in different scenarios.

If you go to the mall to buy the new Fortnite game what are you?

If you made cookies and sell them at school what are you ?

What do we call when people want to buy a product?

What do we call all the products already in the store?

A new restaurant opens up in town and everyonewants to try it.There are only fifteen tables available. Whathappens to the demand for reservations?

It is winter in the Austin, which means very coldtemperatures and snow.The demand for icecream will probably

Target has a large supply of winter coats in March. What will happen to the price of the coats?

Many kids want a hover board for Christmas, but thesupply is running low as Christmas nears. Since many people want one, the price of hover boards will

Tina’s Bakery made too many cookies, so theywant to get rid of some of their cookie supply.Tina’s Bakery should__________ the price ofcookie to sell them faster.

Economics

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Economics

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