Economics

Economics

12th Grade

10 Qs

quiz-placeholder

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Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Milton Woods

Used 51+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

People who buy goods and services?

Scarcity

Monopoly

Profit

Consumers

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Not enough of a product

Consumers

Profit

Scarcity

Monopoly

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The money that is left after expenses are made?

Monopoly

Profit

Scarcity

Standard of Living

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

One business having all the market with no competition?

Standard of Living

Monopoly

Scarcity

Profit

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A way of telling how well people are getting what they need and want?

Monopoly

Profit

Standard of Living

Consumer

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Abe want his radio fixed. That is a ________

Demand

Service

Supplies

Labor force

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

John fixes radios. That is a________

Supply & Demand

Supplies

Service

Labor Force

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