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Science

11th - 12th Grade

NGSS covered

Used 5+ times

Economics & Dimensional Analysis
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24 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

In this type of economy, the people decide the supply, demand, and price.  

Market 
Traditional
Command 
Mixed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capitalism is in what type of economy?

Traditional

Command

Market

Authortarian

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

In regards to Sustainable Development the environment acts as/provides

Resources

Externalities

Amenities

Public Goods

An absorber of waste

Tags

NGSS.MS-ESS2-1

NGSS.MS-ESS3-3

NGSS.MS-ESS3-4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What determines the prices of goods and services?

Supply

Demand

Supply and demand

Goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What exists when quantity supplied is greater than quantity demanded?

Surplus

Shortage

Overflow

Mass outrage

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A market is said to be in equilibrium when

when demand is higher than the supply

when demand is lower than the supply

when the demand and supply quantities are equal

when the supply is doubled the demand

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the price at which a good is bought and sold in a market equilibrium is called

retail price

equilibrium price

discount price

base price

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