cost and benefits
Authored by QUIZ TIME
Instructional Technology, Philosophy, Social Studies
3rd - 4th Grade
Used 242+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a cost?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a benefit?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which do people compare in order to make choices?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is opportunity cost?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is scarcity?
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A popular bakery has only a few ingredients left to make their products. They could bake muffins or cookies, but they can’t make both. The bakers decide to make cookies for their customers. What is the opportunity cost of their decision?
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The Welch family has saved some money. They can spend it on a vacation to the Grand Canyon or build a swimming pool in their back yard. They decide to spend the money on a swimming pool. What is the opportunity cost of their decision?
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 Microsoft
or continue with
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
