Loading
by BlastRoom
Use schedules, graphs, and market changes to locate and predict market equilibrium.
#us_hs_economics
25 questions
One question set, multiple game modes. Tap any game to see it in action. Not sure which to pick?
Answer to place stones and capture territory.
Outrun the snow together.
Earn blasts, then hunt the other team.
Answer to earn energy, then climb.
The class blasts through walls together.
Bid on mystery lots. Most money wins.
Sell tours. Nice, standard, or a total scam.
Answer, restock, and serve the rush.
More correct answers pulls the rope your way.
Answer, then shoot down the alien wave.
Answer, then tap to leap the frozen ridge.
Use the supply-and-demand schedule. At what price and quantity does this market clear?
Read the schedule for concert tickets. What is the equilibrium price and quantity?
According to the schedule, where is the market-clearing outcome for reusable water bottles?
Use the farmers' market schedule. Which price and quantity form the equilibrium?
The table shows a market for phone cases. Identify the equilibrium price and quantity.
Read the schedule for smoothies. At what price is there neither a shortage nor a surplus?
For the market shown in the schedule, what equilibrium quantity is exchanged?
Use the supply-and-demand graph. Which pair is the market-clearing price and quantity?
The graph shows a market for bicycles. At the curves' intersection, what quantity is bought and sold?
Look at the graph of the notebook market. What does the price at the curves' crossing represent?
On the graph, buyers and sellers agree on the same quantity at the intersection. What is that quantity called?
Use the graph for movie tickets. Which statement describes the point where the two curves cross?
The diagram shows the market for headphones. If the crossing is at price 5 on the vertical axis, what does 5 identify?
A frost destroys part of the orange crop while consumer tastes are unchanged. What happens to the equilibrium price and quantity of oranges?
A new technology lowers the cost of producing solar panels, with demand unchanged. What is the likely new equilibrium?
A popular athlete promotes a brand of running shoes, while production conditions stay the same. What happens in that shoe market?
The price of streaming subscriptions rises sharply, and movie theater tickets are a substitute. With theater supply unchanged, what happens to theater-ticket equilibrium?
The price of gasoline rises, and demand for road-trip hotel stays changes while hotel supply stays the same. What is the likely hotel-market outcome?
A subsidy makes it less costly for farmers to grow corn, while demand remains unchanged. What happens to corn equilibrium?
Use the graph showing an increase in demand for game consoles. Compared with the original crossing, what happens to equilibrium price and quantity?
The graph shows supply shifting left for a product while demand stays the same. How does the new equilibrium compare with the original?
In a competitive market, what does equilibrium mean?
A product's price is below its equilibrium level. What market condition results?
When a competitive market has a surplus, what action tends to move price back toward equilibrium?
Why do buyers tend to bid prices upward when a market has excess demand?
Crack the passcode before the zombies get in.
Answer, then swat bugs for bonus points.
Race through questions at your own speed.
Same question on every screen. Fastest wins.
Pick a tile, answer, hit bonuses and steals.
Price Ceilings and Price Floors
25 questions
