Supply and demand

English Conversation Questions on Supply and demand

• What is supply and demand?
• How does supply and demand determine prices?
• What factors influence supply?
• What factors influence demand?
• What happens when supply and demand are in equilibrium?
• What is a price ceiling?
• What is a price floor?
• What is elasticity?
• What are some examples of products that are inelastic?
• How does technology affect supply and demand?
• What are some potential consequences of a shortage or surplus of a product?

More English Conversation Questions on Economics

• Stock market
• Inflation rate
• Global trade
• Interest rates
• Government spending
• Supply and demand
• Economic growth
• Unemployment rate
• Gross Domestic Product (GDP)
• Fiscal policy