MBEC QUIZ

MBEC QUIZ

11th - 12th Grade

10 Qs

quiz-placeholder

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MBEC QUIZ

MBEC QUIZ

Assessment

Quiz

Other Sciences

11th - 12th Grade

Medium

Created by

Albert Hasudungan

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

......is basic necessity feel deprived if this is absent (please write with capital letter and 1 word)

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

................ analysis describing relationships of cause and effect (1 word and capital letter)

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

a want that is supported by a decision and the capacity to buy is

supply

demand

market

price

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The claim that, other things equal, the quantity of demanded

good falls when the price of the good......

declines

similar

increases

None of the answer is correct

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which is not the part of the consumer preferences

Completeness

Transitivity

Autarky

More is better than less

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

consumers can compare and rank all possible baskets. Thus, for any two market baskets A and B, a consumer will prefer A to B. It is..........attribute (1 word and capital letter)

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The indifference curve represents all combinations of market baskets that provide the consumer with the different satisfaction levels

True

False

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