Rapid Review Blue CE.11a

Rapid Review Blue CE.11a

7th Grade

10 Qs

quiz-placeholder

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Rapid Review Blue CE.11a

Rapid Review Blue CE.11a

Assessment

Quiz

Social Studies, History

7th Grade

Easy

Created by

Warren Fisher

Used 56+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the inability to satisfy all wants at the same time?
Choice
Incentive
Scarcity

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What are the factors used during the production of goods and services like natural, human, capital, and entrepreneurship?
Opportunity Cost
Resources
Choice

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is it called when you select an item or action from a set of possible alternatives?
Resources
Choice
Incentive

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the value of what is given up when a choice is made?
Opportunity Cost
Choice
Incentive

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What are actions that motivate buyers called, such as buy one get one 50% off, BOGO, or FREE financing?
Choice
Incentive
Scarcity

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Combing resources to make goods or provide services is called...
Production
Consumption
Scarcity

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Using goods and services is called
Production
Consumption
Scarcity

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