Economics
Authored by Lauren Downs
Social Studies
9th Grade
Used 16+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 7 pts
What are "Goods"?
Work that someone does for someone else
Things that are made or grown
2.
MULTIPLE CHOICE QUESTION
1 min • 7 pts
What are "Services"?
Work that someone does for someone else
Things that are made or grown
3.
MULTIPLE CHOICE QUESTION
1 min • 7 pts
Who is a "Producer"?
Someone who buys goods or services
Someone who makes or grows goods or offers services
4.
MULTIPLE CHOICE QUESTION
1 min • 7 pts
Who is a "Consumer"?
Someone who buys goods or services
Someone who makes or grows goods
5.
MULTIPLE CHOICE QUESTION
1 min • 7 pts
What is "Supply"?
How much consumers want something
The amount of something available to consumers
6.
MULTIPLE CHOICE QUESTION
1 min • 7 pts
What is "Demand"?
The amount of something available to consumers
How much consumers want something
7.
MULTIPLE CHOICE QUESTION
1 min • 7 pts
Which of the following is an example of a good?
Haircut
A taxi ride
Cheeseburger
Clothes cleaned
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