Someone who buys or pays for a good or service.
Economics Review

Quiz
•
others
•
4th Grade
•
Easy
Taylor Neeld
Used 18+ times
FREE Resource
19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Producer
Consumer
2.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Someone who creates a good or service for others to buy or use.
Producer
Consumer
3.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
An economic condition that exists when demand is greater than supply.
Scarcity
Consumer
Producer
Opportunity Cost
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
To be successful, a business must produce
Goods and services that are of low quality
Goods and services that are not needed
Goods and services that people want
Goods and services with a low price
5.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
TRUE OR FALSE: Opportunity cost is the value of what you give up because you choose to do or buy something else.
True
Not True
6.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Land, fuel, water, and minerals are this kind of resource:
Human Resources
Capital Resources
Natural Resources
7.
MULTIPLE CHOICE QUESTION
3 mins • 5 pts
Money, buildings, and equipment are this kind of resource:
Human Resources
Capital Resources
Natural Resources
Create a free account and access millions of resources
Similar Resources on Quizizz
16 questions
Unit 1/Lesson 4 - Natural Resources

Quiz
•
4th Grade
14 questions
Unit 2: United States of America

Quiz
•
1st - 5th Grade
15 questions
British colonial study guide

Quiz
•
3rd Grade - University
20 questions
Quizy

Quiz
•
1st - 5th Grade
15 questions
Quiz 2.1: Life in the Americas

Quiz
•
1st - 5th Grade
22 questions
Early European Explorers and Colonial Life

Quiz
•
4th Grade
21 questions
Quiz on the Articles of Confederation

Quiz
•
4th Grade
23 questions
HELE QREVIEW 4th Quarter

Quiz
•
4th Grade
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade