Search Header Logo

BS 8 MODULE 22: QUIZ #5

Authored by Michelle Maglasang

Business

8th Grade

Used 7+ times

BS 8 MODULE 22: QUIZ #5
AI

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

This is a fundamental economic concept that describes the total amount of a specific goods or service that is available to consumers

Scarcity

Demand

Supply

Cost

Benefit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It refers to basic economic problem that refers to the gap between availability and limited resources.

Scarcity

Demand

Supply

Cost

Benefit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This refers to an advantage or profit gained from something.

Scarcity

Demand

Supply

Cost

Benefit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This refers to the monetary value of expenditures for raw materials, equipment, supplies, services, labor, products and others that need to be paid or purchased.

Scarcity

Demand

Supply

Cost

Benefit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is an economic principle referring to a consumer's desire to purchase goods and services and the willingness to pay its price.

Scarcity

Demand

Supply

Cost

Benefit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a social science concerned with the production , distribution and consumption of goods and services. It studies how individuals, businesses, governments and nations in general make choices about how to allocate resources.

Economics

Politics

Psychology

Management

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a payment or concession to stimulate greater output or investment.

Demand

Supply

Benefit

Incentive

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?

Discover more resources for Business