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Economic Choice 2

Authored by florence dias

Social Studies

12th Grade

Used 4+ times

Economic Choice 2
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5 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The alternative that you give up when you make an economic choice.

Incentives

Trade-offs

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Trade-offs involve giving up some of one thing to gain more or another.

True

False

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

All economic choices does not involves opportunity cost

True

False

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Making decisions according to what you believe is the best combination of costs and benefits.

True

Never

5.

OPEN ENDED QUESTION

3 mins • Ungraded

What is Max's opportunity cost of five hours of extra study?

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