Economics and Marketing Post Assessment P2
Authored by Tonya Fulton
Business
9th - 10th Grade
Used 2+ times
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60 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Things that a person thinks he or she must have in order to be satisfied.
Needs
Wants
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The quantity of a good or service that consumers are willing to buy at a given price.
Supply
Demand
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The quantity of a good or service a producer is willing to produce at different prices.
Supply
Demand
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Activities that a business performs for money.
Goods
Services
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Things that a person must have in order to survive.
Needs
Wants
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Physical things you can touch.
Goods
Services
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
No person, business, or nation has enough of resources to satisfy all their wants and needs. Which category of resources is represented in this statement?
Limited resources
Unlimited resources
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