Unit 1 Intro to Econ
9th Grade
•22 Qs
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Unit 1 Intro to Econ
Quiz
•
Social Studies
•
9th Grade
•
Practice Problem
•
Easy
Kyle Wright
Used 5+ times
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22 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The idea that humans have unlimited wants but limited resources is best highlighted by which term?
Utility
Scarcity
Margins
Wants
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A new basketball is an example of what?
Service
Good
Utility
Need
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Going to the dentist is an example of what?
Service
Good
Utility
Want
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a factor of production?
Land
Labor
Capital
Revenue
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT one of the 3 economic questions?
What to produce?
How to produce?
For whom to produce it for?
When to produce?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You going to work on the weekend is an example of what factor of production?
Land
Labor
Capital
Entrepreneurship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Oil is an example of what factor of production?
Land
Labor
Entrepreneurship
Capital
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