Chapter 5 - Economics
Quiz
•
Social Studies
•
12th Grade
•
Medium
YancyBeth Boothe
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the change in output from hiring one additional unit of labor
marginal product of labor
marginal cost
marginal revenue
increasing marginal returns
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a measure of the way quantity supplied reacts to a change in price
law of supply
supply curve
supply
elasticity of supply
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a graph of the quantity supplied of a good by all suppliers at different prices
market supply schedule
market supply curve
supply schedule
supply curve
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a graph of the quantity supplied of a good at different prices
supply curve
supply schedule
market supply curve
market supply schedule
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a chart that lists how much of a good all suppliers will offer at different prices
market supply schedule
market supply curve
supply schedule
supply curve
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a factor that can change
regulation
excise tax
variable
subsidy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the amount a supplier is willing and able to supply at a certain price
supply
law of supply
elasticity of supply
quantity supplied
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