
Economics and Marketing Quiz
Authored by Shana Perdue
Business
9th Grade
Used 1+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the basic economic problem?
The scarcity of resources
The law of supply and demand
The role of government in the economy
The concept of consumer demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who makes the decisions in a controlled economy?
Consumers
Producers
Government
Economic forces
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economy does America have?
Controlled economy
Free economy
Mixed economy
None of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is microeconomics?
The study of relationships between individual customers and producers
The study of economic behavior and relationships of an entire society
The study of economic competition
The study of economic utility
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What factors affect consumer demand?
Supply and demand
Competition and market price
Government regulations
Individual preferences and income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the law of demand?
As price increases, demand increases
As price increases, demand decreases
As price decreases, demand increases
As price decreases, demand decreases
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the law of supply?
As price increases, supply increases
As price increases, supply decreases
As price decreases, supply increases
As price decreases, supply decreases
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?