This exercise will help you understand demand, supply, and equilibrium; identify the determinants of demand and supply; and describe how changes in demand and supply lead to changes in a market's equilibrium price and quantity.
- This assessment does not count towards your grade. It is just for practice!
- You will see the correct answers when you submit your answers. Use this to help you study for the final exam!
- You can take this assessment as many times as you want, whenever you want.