Chapter 2/ Entrepreneurship

Chapter 2/ Entrepreneurship

9th Grade

16 Qs

quiz-placeholder

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Chapter 2/ Entrepreneurship

Chapter 2/ Entrepreneurship

Assessment

Quiz

Business

9th Grade

Medium

Created by

AIMEE DALTON

Used 15+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is supply

Products

Customers

Quantity of products available at a certain price

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Needs are things that you must have in order to survive.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that you think you must have in order to be satisfied are called

Needs

Wants

Goods

Services

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Earning a college degree is an example of satisfying which of the following areas of needs?

Safety

Esteem

Self-actualization

Social

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The three types of economic resources that an entrepreneur may use to create useful goods and services are called

Economies of Scale

Factors of Consumption

Factors of the Economy

Factors of production

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the U.S. economy, entrepreneurs

Fulfill consumers' wants and needs

Provide employment

Help change the way people live

all of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the quantity of a good or service produced increases, variable costs remain the same

True

False

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