Quizizz Challenge #1 (G11 Economics)
Authored by Riccardo Eugeni
Social Studies
11th - 12th Grade
Used 8+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
6 questions
Show all answers
1.
FILL IN THE BLANKS QUESTION
45 sec • 1 pt
... is a situation in which wants and needs are in excess of the resources available.
(a)
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Man-made aid to production
Land
Labour
Capital
Enterprise
3.
FILL IN THE BLANKS QUESTION
20 sec • 1 pt
We can define factors of production as anything that is useful in the ... of goods & services.
(a)
4.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Opportunity cost is represented by all other alternatives you let go when making a choice.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A worker earns $40 per hour. Rather than work, she decides to visit a museum for three hours. The visit costs a total of $40. What is the opportunity cost of visiting the museum?
40
80
120
160
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is correct about scarcity?
Scarcity affects low income earners only
Scarcity forces individuals to make choices
Scarcity is removed by periods of falling prices
Scarcity will be abolished by advances in technology
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
