
Marketing Ch. 6.1
Quiz
•
Business
•
9th - 12th Grade
•
Easy
Carol Rachels
Used 23+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Science that deals with examining how goods and services are produced, sold, and used.
capital good
economics
entrepreneurship
labor
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
economic principle relating the quantity of products available to meet consumer demand
factor of production
labor
productivity
supply and demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Occurs when demand is higher than the available resources
factor of production
natural resources
scarcity
technology
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the value of the best option you did not choose
infrastructure
land
natural resources
opportunity cost
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the work performed by people in business
land
natural resources
labor
none of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the amount of work a person can do in a specific amount of time
natural resources
productivity
technology
entrepreneurship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a product that businesses use to produce other goods, rather than being bought by consumers
capital good
infrastructure
land
natural resources
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