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Business Environment Ch1

Authored by Gerald Jost

Instructional Technology

9th - 12th Grade

Used 9+ times

Business Environment Ch1
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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anywhere a business exchange takes place.

economics

customer

market

scarcity.

product

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An individual or group who buys products.

economics

customer

market

scarcity.

product

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A science that examines how goods and services are produced, sold, and used.

economics

customer

market

scarcity.

product

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything that can be bought and sold.

economics

customer

market

scarcity.

product

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When demand is higher than the available resources.

economics

customer

market

scarcity.

product

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An action or task that is performed, usually for a fee.

business

profit

capitalism

factors of production

service

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A term for all the activities involved in developing and exchanging products. Introduction to Business and Economics.

business

profit

capitalism

factors of production

service

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