Grades 9–10 · Economics
This quiz helps revise “Supply and demand” in Economics for grades 9–10. It has 25 questions in five categories: Law of Demand, Law of Supply, Market Equilibrium, Elasticity, Price Controls. Questions get harder as the points go up, from 100 to 500.
The 100- and 200-point questions are open here. The rest show only their first words, and there are no answers: all of that is in the game itself.
What do economists call a product that consumers buy in place of another, like tea instead of coffee?
What do economists call goods used together, such as toothbrushes and toothpaste?
What type of good…
In the gameWhat principle explains why…
In the gameWhat Latin phrase meaning…
In the gameOn an economics graph, in which direction does a standard supply curve slope as quantity increases?
What financial gain motivates private business owners to risk savings and produce goods?
What financial grant from…
In the gameWhat factor of production…
In the gameWhat term describes the…
In the game
On this graph, what term describes the point where the quantity supplied exactly equals the quantity demanded?
What condition occurs when sellers produce more of a good than consumers want to buy at the current price?
What condition occurs when…
In the gameWhich famous metaphor did…
In the gameWhat term describes the…
In the gameWhat term describes consumer demand that drops sharply when a product's price rises only slightly?
What life-saving hormone used to treat diabetes is a classic textbook example of highly inelastic demand?
On an economics graph…
In the gameWhat financial figure is…
In the gameWhat type of elasticity…
In the gameWhat legal lower limit on hourly pay establishes the lowest compensation an employer may offer workers?
What municipal policy places a legal cap on how much landlords can charge tenants for residential apartments?
The gold line on…
In the gameWhat general term describes…
In the gameWhat unauthorized trading system…
In the gameAll 25 questions and the answers are in the game. Invite your class or friends with a link — guests need no account.