Quiz

Supply, Demand, and Price

4 questions·Pass at 80%·+100 FG on first pass
Read the article first before attempting the quiz. Flashy Gold is earned on your first pass only.

1.What is the "equilibrium price"?

2.Which of the following would shift the demand curve for a good?

3.Why doesn't scarcity alone guarantee an asset has value?

4.For gold specifically, which side of the supply/demand equation does most short-term price movement come from?

Answer all 4 questions to submit