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General Business

Authored by hạnh hạnh

Education

University

21 Questions

Used 36+ times

General Business
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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

......... are things that you do not have to have to survive, but would like to have.

Needs

Wants

Goods

Services

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

....... are tasks that business perform for consumers.

Goods

Resources

Services

Wants

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

….. are all the economic resources necessary to produce a society’s goods and services.

Factors of Production

Scarcity

Labor Resources

Capital Resources

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Economics is the study of how individuals and groups of individuals strive to satisfy their….by making choices.

Opportunities

Amount of income

Wants and needs

Amount of labor

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

…. are people who make the goods and services for which they are paid. 

Capital Resources

Natural Resources

Labor Resources 

Entrepreneurial Resources

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A….is an economic system in which economic decisions are made in the marketplace. 

Economic Systems

Market Economy

Economics 

Mixed Economies

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Profit is money .... after a business has paid the cost  of providing its goods and services.

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