
BS quiz chpter 1 to 4

Quiz
•
Other
•
10th Grade
•
Medium
Aiza Khan
Used 1+ times
FREE Resource
34 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
WHAT IS A NEED?
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
THE BASIC ECONOMIC PROBLEM IS________.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
WHAT IS OPPORUNITY COST?
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
_________ OCCURS WHEN PEOPLE AND BUSINESSES CONCENTRATE ON WHAT THEY ARE BEST AT.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is division of labour?
Division of labour is the specialization of cooperative labor divided into specific tasks and roles.
6.
OPEN ENDED QUESTION
5 mins • 1 pt
WHAT IS A BUSINESS?
Evaluate responses using AI:
OFF
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
what is added value?
The difference btwn the selling price of a product and the cost of raw materials used to make it.
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