Subjects / JC Business Studies / Strand 3: Our Economy
Demand, supply and prices
How changes in demand and supply in a market affect prices.
2nd Year3rd Year Common
Helps to know first:
Scarcity and economic systems
15practice questions
Fill the gaps: 1 · Match the pairs: 1 · Multiple choice: 8 · Select all that apply: 2 · Numeric answer: 1 · Short answer: 1 · Written answer (self/teacher assessed): 1
Each question has up to three hints, a worked explanation, and is tracked in your progress and review plan.
Practise this topic