BF10 Module 2 modified test

BF10 Module 2 modified test

9th - 12th Grade

20 Qs

quiz-placeholder

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BF10 Module 2 modified test

BF10 Module 2 modified test

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Melissa Palma

Used 13+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When employees are working faster or better, they are increasing their

wages

benefits

efficiency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What motivates businesses to produce efficiently and sell effectively?

The desire to spend money

The hope of making a profit

The need for recognition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A gap between unlimited wants and limited resources creates

economics

wants

scarcity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Seeing a movie at a theater would be considered a(n) __________ want.

economic

limited

non-economic

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Offering high quality, large assortments, and free shipping are examples of

nonprice competition

price fixing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the heart of economics?

decision-making

wants

needs

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What are the three basic economic questions?

What will be produced, how will it be produced, who will get the products (how will they be allocated)

Where will products be produced, when will products be produced, and what products will be produced

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