Microeconomics

Quiz
•
Other, Social Studies
•
11th Grade
•
Medium
rosanna lj
Used 50+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The main cause of economic problem is
Unlimited resources
Scarcity of resources
Scarcity of wants
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Human wants are unlimited and differ in __.
Urgency/ priority
Differences/priority
None of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scarcity in economics mean,
Demand< Supply
Demand> Supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic activities are classified into,
2
3
4
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Problem of making a choice
Economy
Economic
Economic problem
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Wants are __
Limited
Unlimited
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Resources are
Limited
Unlimited
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