Economics POST TEST
Quiz
•
Social Studies
•
12th Grade
•
Practice Problem
•
Medium
+4
Standards-aligned
Donna Kunkel
Used 21+ times
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100 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Several Companies sell similar products is called what type of competition?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the biggest disadvantage of a Sole proprietorship and a partnership?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Macroeconomics the study of?
study of total effects on the national economy and the global economy of the choices that individuals, businesses, and gov’ts make
study of the choices individuals/businesses make and the way these choices interact and are influenced by governments
study of marginal benefit and marginal cost
study of scarcity
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A headline reads: "Consumers demand new cell phones with greater functionality." What basic economic question is being addressed in this headline?
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In Georgia, the Public Service Commission regulates the rates charged to customers by GA Power to ensure:
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When a country’s businesses invest heavily in new capital goods and new technology, which of the following is most likely to occur?
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Interdependence and price leadership are characteristics of firms in what kind of market structure?
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