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Bus. Mang. Sem 1 Final

Authored by John DeWeese

Business

9th - 12th Grade

Used 13+ times

Bus. Mang. Sem 1 Final
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60 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Economics is the study of how people satisfy unlimited and competing wants and needs through the careful use of limited resources.

True

False

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

How often do people make decisions about using resources?

Every day

Once in a while

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which is a need?

Car

Food

Desk

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which is an example of a public want?

Library

Water

Mall

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What do wants and needs determine?

What you sell

What businesses sell

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which is not a service?

Education

Pro sports

Office furniture

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

To make the best use of limited resources, satisfy:

Needs first, then wants

Wants first, then needs

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