FEE PPC
Quiz
•
Social Studies
•
9th - 12th Grade
•
Practice Problem
•
Medium
Derek D'Angelo
Used 25+ times
FREE Resource
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16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which factor of production would include fork lifts controlled by robotics, air conditioning systems & bar code readers?
Land
Labor
Capital
Entrepreneurship
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why do some production possibilities curves bow outward?
To produce more of a good a increasing amount of another must be sacrificed.
To produce more of a good a constant amount of another must be sacrificed.
Increasing wants need to be satisfied.
Production takes time.
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which point demonstrates unemployment of workers?
a
b
c
e
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which point demonstrates efficient use of resources?
a
only b
e
b, c, & d
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which point indicates that resources are NOT fully utilized or are inefficient?
a
b
c
e
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What point represents a point that is unattainable given the current level of resources?
a
b
c
e
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the opportunity cost of moving production point b to point c?
13 cheese
2 cheese
6 cider
12 cider
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