Quiz 1 Microeconomics
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Microeconomics is concerned with
the aggregate income, employment and total output
individual economic units and specific markets.
international trade and barriers.
unemployment and inflation problems.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The economic problem of scarcity refers to
limited wants and limited resources.
unlimited wants and unlimited resources
limited wants and unlimited resources
unlimited wants and limited resources
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following basic economic problems is closely related to the technique of production?
What?
How?
For whom?
Where?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following movies is not acted by this actor?
After earth
Hancock
Men in black
central intelligence
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The firm will make a choices to maximize their profit in economy.
True
False
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