Copyright

Quantity Supplied of a Good: Definition & Overview Video

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

A seller's propensity to provide a certain quantity of goods to the market for sale is based on which of the following?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. What law states that supply will increase when price increase?

2. What are two tools used in analyzing supply?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Access this quiz at any time to see if you understand what quantities supplied of a good means. You can take the quiz any time before, while or after you view the related lesson, and you can retake it multiple times if needed.

Quiz & Worksheet

Students who take this quiz will need to know about the following in order to pass:

  • Basis for a seller's propensity to provide goods for sale
  • Tools for analyzing supply
  • Name of the law that says supply increases when price increases
  • Market supply vs. individual supply
  • Factors that do and do not cause shifts in a supply curve

Skills Practiced

  • Reading comprehension - pull out the key information from the lesson on quantity supplied of a good
  • Making connections - understand the concept of a supply curve and the changes it makes over time
  • Distinguishing differences - compare and contrast individual supply of a product versus market supply of the product

Additional Learning

For more information on this topic, take a look at the related lesson called Quantity Supplied of a Good: Definition & Overview. It seeks to help students meet the following objectives:

  • Define terms such as quantity supplied
  • Know what an upward sloping supply curve indicates
  • Examine a sample diagram of a supply curve
Support