
UNDERSTANDING ECONOMIC SYSTEMS & BUSINESS
Quiz
•
Business
•
9th - 12th Grade
•
Easy
Mary Anne Prater
Used 6+ times
FREE Resource
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30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a business?
Jack & Jill, a specialty clothing store for young children
Wal-Mart
Lawson & Tyler Law Offices
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the best example of a service?
the pleasure you derive from seeing a good play
the license tags you purchased for your car
the hamburger you bought for lunch
the gallon of milk you purchasd at the convenience store
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the best example of a good?
the physical examination you received from your doctor
the birthday candles you purchased to go on your sister's birthday cake
the airplane flight you took to attend a funeral
the driving lessons you took.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following businesses provides its customers with a service
a pecan grower
a wheat farmer
a mattress manufacturer
a law office
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary difference between a good and a service
A good costs more to produce that a service.
A service is tangible and a good is intangible.
A good is tangible and a service is intangible.
A good costs more to market than a service.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The _____________ of any country is measured by the output of goods and services people can buy with the money the have.
standard of living
consumer productivity
input per person
quality of life
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following countries has a high standard of living?
Malaysia
the United States
Gautemala
Nigeria
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