Economics

Economics

4th - 6th Grade

15 Qs

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Economics

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Assessment

Quiz

Social Studies

4th - 6th Grade

Easy

Created by

Alyssa Hartley

Used 11+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A hair dresser is an example of what?

Service

Good

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Shortages occur with products when what?

The demand is higher than the supply.

The supply is higher than the demand.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Is this fine a positive or negative incentive?

Positive

Negative

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A negative incentive is...

makes someone want to do something.

makes people not want to do something.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A positive incentive is...

makes people want to do something.

makes people not want to do something.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A sale on an item is an example of...

positive incentive

negative incentive

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is opportunity cost?

your choice
what you give up to make a choice

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