Economics
Authored by Andrea Sharpe _ Staff - CarrollMS
History
5th - 7th Grade
Used 2K+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is a commodity?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Quantity means
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a resource is scarce
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The plastic needed to make iphone cases is considered _____________ ____________ because it is used to make the iphone (good).
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The study of how people make decisions given the resources that are provided to them.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The voluntary exchange of goods and services without any government intervention.
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