Into what two categories can wants be divided?
Business Essentials - 2.02C Economics and Economic Activities

Quiz
•
Business
•
9th - 12th Grade
•
Medium
V .
Used 243+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Unlimited and noneconomic
Economic and noneconomic
Unlimited and limited
Unlimited and economics
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Seeing a movie at a theater would be considered a(n) __________ want.
unlimited
limited
economic
noneconomic
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Friendship would be considered a(n) __________ want.
economic
limited
noneconomic
unlimited
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following groups of words best describes wants:
Limited, changing, and compensating
Limited, unchanging, and competing
Unlimited, unchanging, and compensating
Unlimited, changing, and competing
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Water and air are examples of __________ resources, while people are considered to be __________ resources.
capital; human
natural; human
physical; mental
mental; natural
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
In economics, capital goods include
buildings and equipment.
labor and management.
mental and physical work.
trees and water.
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Why are resources considered limited?
Everyone has them, and they change.
Entrepreneurs do not invest enough of them.
There are so many that people must decide which ones to choose at any one time.
There are not enough available for everyone to have as much of them as desired.
Create a free account and access millions of resources
Similar Resources on Quizizz
20 questions
Class 9

Quiz
•
9th Grade
22 questions
BF10 2.02 Study

Quiz
•
9th Grade
20 questions
Business U Final Exam

Quiz
•
9th - 12th Grade
20 questions
Entrepreneurship Chapter 2

Quiz
•
10th - 12th Grade
20 questions
Business Principles

Quiz
•
9th - 12th Grade
16 questions
Unit 1, 1.1 Intro. to BM

Quiz
•
11th Grade
19 questions
Methods of Production

Quiz
•
10th Grade
20 questions
Topic 2: Economics and Private Enterprise Review Questions

Quiz
•
9th - 12th Grade
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade
Discover more resources for Business
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade