Pre-Test Survey

On a scale from 1 to 5 (1 meaning that you have no idea, 5 meaning that you
completely understand), how knowledgeable about this subject are you? It is
okay if you do not know yet, we will be covering all of these concepts within
the unit!
The student will define demand and outline what the law of demand
says.
I have no idea.
1

I got it!
5

Explain how to interpret and create demand curves.

I have no idea.
1
2

I got it!
5

The student will create a demand curve using a demand schedule.

I have no idea.
1
2

I got it!
5

The student will be able to explain the causes for shifts in demand.
I have no idea.
1
2

I got it!
5

The student will identify the differences between a demand shift to the
right and a demand shift to the left.
I have no idea.
1
2

I got it!
5

The student will explain the Law of Diminishing Marginal Utility and be
able to give an example.
I have no idea.
1

I got it!
5

I got it!
5

Define elasticity of demand.

I have no idea.
1

Identify the difference between elastic and inelastic demand.

I have no idea.
1

I got it!
5

Analyze the likely change in demand through the availability of

substitute or complementary goods or services.
I have no idea.
1

I got it!
5

Analyze the change in demand when there are changes in price of

goods or services.
I have no idea.
1

I got it!
5

The student will identify Supply and the law of supply.

I have no idea.
1

I got it!
5

Explain how to create and interpret supply schedules.

I have no idea.
1

I got it!
5

Explain how to create and interpret supply curves.

I have no idea.
1

I got it!
5

Understand how to determine a change in supply.

I have no idea.
1

I got it!
5

Identify the factors that can cause a change in supply.

I have no idea.
1
2
3
4
Describe how prices act as incentives to producers.
I have no idea.
1

I got it!
5
I got it!
5