Click on the radio button in front of the correct answer to the questions.

1.This refers to how many of a certain good or service are available for people to         purchase.

 supply  demand  price

2. This means how many people wish to buy that good or service.

 supply  demand  price

3. Usually as prices rise, the supply or amount of a product increases and as prices fall, the supply decreases as more people can afford the product.

 True  False

4. Which of these probably has the least affect how well a product sells?

 The quality of the product – how good it is.

 How well it is advertised.

 Where the employees went to school.

 

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