
SSEF1 and SSEF2 Benchmark B
Authored by Deborah Heckwolf
Social Studies
12th Grade
Used 66+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A rational decision maker:
ignores marginal changes and focuses instead on "the big picture".
ignores the likely effects of government policies when he or she makes choices.
takes an action only if the marginal benefit of that action exceeds the marginal cost of that action.
takes an action only if the combined benefits of that action and previous actions exceed the combined costs of that action and previous actions.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
NXTX Incorporated currently has 10 workers. It would like to expand and hire more workers. Each additional worker will cost the company $100 per day. According to the information in the table, how many workers in total should NXTX Incorporated employ to maximize its profits?
11
12
13
14
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
MagnaFlare is a corporation that makes road flares. One of the primary components of a MagnaFlare is ground magnesium. How would the magnesium ore, from which ground magnesium is made, be classified as a factor of production?
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Paul wants to buy a classic sports car. Unfortunately, only a limited amount of dealers and collectors have the model car he wants. As a result, Paul will have to pay a high price, if he can even get the car at all. Paul is experiencing
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Following a massive hurricane that hits Georgia's northern coast, residents have not running water or electricity. As a result, citizens buy up all of the flashlights and bottled water in the area faster than producers can supply them. What problem do people on the Georgia coast n ow face, regarding flashlights and bottled water?
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The act of giving up one thing in value to gain another thing of value is called an
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The study of how individuals, firms (businesses), and nations best allocate their limited resources is called
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