Econ U nit 1

Econ U nit 1

University

20 Qs

quiz-placeholder

Similar activities

Consumer Skills Review

Consumer Skills Review

12th Grade - University

15 Qs

How Prices Work

How Prices Work

12th Grade - University

15 Qs

Elasticity

Elasticity

12th Grade - University

15 Qs

Quiz on Market Structure

Quiz on Market Structure

University

18 Qs

Price Elasticity

Price Elasticity

10th Grade - University

15 Qs

ONLINE QUIZ (327)

ONLINE QUIZ (327)

University

23 Qs

Econ: Monopolistic Competition and Oligopoly

Econ: Monopolistic Competition and Oligopoly

9th Grade - University

20 Qs

Demand, Supply and Prices

Demand, Supply and Prices

12th Grade - University

15 Qs

Econ U nit 1

Econ U nit 1

Assessment

Quiz

Social Studies

University

Medium

Created by

Logan K

Used 1+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What motivates humans to complete tasks and other daily activities?

incentives

nothing

?

?

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The cafeteria is out of Italian Dunkers. There is an Italian Dunker _.

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is an economic enigma?

a term used to describe the best trade-off that you did not select

a "riddle" or economic mystery that economists try to answer

a wrench or a hammer

the person that organizes factors of production to make useful items

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The best trade-off is known as the...

opportunity cost

idea price

trade union

the cost of doing business with shady characters like my cousin Jerry

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of these resources is scarce?

Time

Water

Food

Land

6.

FILL IN THE BLANK QUESTION

1 min • 3 pts

For most people their pay check acts as an _ to do work.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will happen to the price of a product if the supply remains the same but the demand increases?

The price of the product will INCREASE

The price of the product will DECREASE

The price of the product will remain exactly the same

Nobody knows and nobody cares

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?

Discover more resources for Social Studies