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Supply and demand true or false

Format True or False

Judge statements about demand, supply and how prices settle. Good for a lecture warm-up or revision, played solo or hosted live for a class or team.

Subject
Economics
Category
Economics
Questions
10
Time
About 4 min
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What's inside

  • 10 True or False questions
  • Instant feedback after every answer
  • Works on any phone, tablet or laptop

First questions

  1. When the price of a good rises, the quantity demanded normally falls, other things equal.
  2. A supply curve normally slopes downwards from left to right.
  3. If demand rises while supply stays the same, the equilibrium price rises.

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