
R: Scarcity & Opportunity Cost
Authored by Kevin Morales
Social Studies
12th Grade
Used 334+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
These are the things we desire to have.
Wants
Goals
Opportunity Costs
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Tom was shopping for a car. He has looked at a Ford, Honda, Toyota, and Dodge. After a lot of debate, he narrowed it down to either the Ford or the Honda. He selected the Ford, because he liked the interior a little better. What was his opportunity cost?
Ford
Honda
Toyota
Dodge
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Limited Resources + Unlimited Wants =
Scarcity
Productivity
Opportunity Cost
Efficiency
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Scarcity is only a problem for poor people.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Emily is deciding what to do after high school. Right now her two options are: go to college or enter the workforce/get a job. She can only choose one. Emily decides to get a job. Which of the following is the opportunity cost of her decision?
money
job
time
college
6.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
A garbage truck driver is an example of which Factor of Production?
7.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Iron, minerals, coal and plants are examples of which productive resource?
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 Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
27 questions
BOLA BASKET
Quiz
•
12th Grade
25 questions
Principles/Origins of Govt. Review
Quiz
•
9th - 12th Grade
25 questions
PEDAGOGIK 1 PPG 2018
Quiz
•
12th Grade
27 questions
Congress Test Review/Retake
Quiz
•
12th Grade
25 questions
Action publique & environnement
Quiz
•
12th Grade
27 questions
Intro to Econ
Quiz
•
9th - 12th Grade
25 questions
US Government Quiz
Quiz
•
12th Grade
25 questions
Unit 3B Review
Quiz
•
12th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
10 questions
Probability Practice
Quiz
•
4th Grade
15 questions
Probability on Number LIne
Quiz
•
4th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
6 questions
Appropriate Chromebook Usage
Lesson
•
7th Grade
10 questions
Greek Bases tele and phon
Quiz
•
6th - 8th Grade
Discover more resources for Social Studies
16 questions
USHC 4.8 Immigration and Urbanization
Quiz
•
9th - 12th Grade
16 questions
SBAC Practice HSS26
Quiz
•
9th - 12th Grade
64 questions
USHC 4 Key Terms 22-23
Quiz
•
11th Grade - University
7 questions
World Civ Unit 5 Vocab
Quiz
•
12th Grade
36 questions
Unit 5 Key Terms
Quiz
•
11th Grade - University
27 questions
Unit 2- Constitution Quiz
Quiz
•
9th - 12th Grade
10 questions
SSCG4b
Lesson
•
9th - 12th Grade
15 questions
Unit 6A WWI Vocab
Quiz
•
12th Grade