Unit 1 Test Review- Fundamentals
Authored by Krystle Walls
Social Studies
12th Grade
Used 2+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which factor of production would lumber represent?
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which factor of production would an oven represent?
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is another term for a "land" resource?
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
In this type of decision, the marginal benefits exceed the marginal costs
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Unlimited wants and limited resources- the basic economic problem
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
an incentive that either increases costs, enforces penalties, or reduces benefits, resulting in a decrease in the activi
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
allocates resources to those who are first in line
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
