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    Lea Andrelei
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    This document appears to be an economics quiz from Mt. Carmel College of San Francisco. It contains questions that ask the student to define supply and demand, and explain the positive relationship between price and quantity supplied as well as the negative relationship between price and quantity demanded. The student is expected to answer in short paragraph form for each question.

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    This document appears to be an economics quiz from Mt. Carmel College of San Francisco. It contains questions that ask the student to define supply and demand, and explain the positive relationship between price and quantity supplied as well as the negative relationship between price and quantity demanded. The student is expected to answer in short paragraph form for each question.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    8 views1 page

    Quiz 2

    Uploaded by

    Lea Andrelei
    This document appears to be an economics quiz from Mt. Carmel College of San Francisco. It contains questions that ask the student to define supply and demand, and explain the positive relationship between price and quantity supplied as well as the negative relationship between price and quantity demanded. The student is expected to answer in short paragraph form for each question.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    MT. CARMEL COLLEGE OF SAN FRANCISCO, INC.

    San Francisco, Agusan del Sur


    Quiz #2

    Name: __________________________________________ Year and Course: ________________

    Define:

    1. Supply
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    2. Demand
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    ___________________________________________________________________________

    Explain the following:

    a. Positive relationship between price and quantity supplied

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    b. Negative relationship between price and quantity demanded

    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
    ______________________________________________________________________________
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