Markets

Markets

8th - 9th Grade

10 Qs

quiz-placeholder

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Markets

Markets

Assessment

Quiz

Other, Business

8th - 9th Grade

Practice Problem

Medium

Created by

Carel Steinmann

Used 51+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following can't be seen as a market?

Bank

JSE

Farmer's market

An Excluded beach

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The two types of markets we find in economics is the Goods and service market and the Factor market.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a factor market?

Labour market

Capital market

Money market

Goods market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which market will businesses sell the items the produce?

Goods market

Factor market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which market will households sell their labour they own?

Factor market

Goods market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a group of people who want a product and are able to buy it?

Market

Producer

Business market

Consumer market

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which consists of customers who buy products for their own use?

Business market

Consumer market

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