tự túc là hạnh phúc
Authored by Hà Phạm
Other
12th Grade
Used 4+ times
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90 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economics: social ___ analyzing the most efficient way to use ___ resources
science/scarce
ideology/limited
duty/unlimited
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Scarcity: (a) wants but limited resources
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Opportunity Cost
most desirable alternative given up when making a choice
opportunity cost measures only the value of the next-best alternative
second best option
first best option
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Factors of Production
Labor
Land
Capital
Entrepreneurship
Competition
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Factors of Production: Labor
physical + mental input
workforce
wages
machines
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Factors of Production: Land
extracted resources (materials from environment for human use)
farms, crops, soil, forests for rent
manmade production
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Factors of Production: Capital
fixed + working capital
manmade use of productions (machinery, buildings)
gaining interest
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