Economic Problems and the Law of Supply and Demand Summative Test

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Published on 2022 January 10th

This summative exam offers comprehensive questions to measure the cognitive ability of learners.
1. Define concepts in economics
2. Illustrate on how law of demand and supply including opportunity costs work
3. Offer feasible solutions to 21st century economic problems

Curriculum Information

K to 12
Grade 12
Chapter 2 Applied Economics: 2.1 Application of Supply and Demand; 2.2 Contemporary Economic Issues Facing the Filipino Entrepreneur
Educators, Learners
Explain the law of supply and demand, and how equilibrium price and quantity are determined Discuss and explain factors affecting demand and supply

Copyright Information

Romelyn A. Esponilla
SDO Mandaluyong City
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Technical Information

896.70 KB
5 pages