Markets

Markets

7th Grade

16 Qs

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Markets

Markets

Assessment

Quiz

Business

7th Grade

Practice Problem

Medium

Created by

Molimali Jacob

Used 3+ times

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16 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Who are the consumers of a business?

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Who are the producers in a business?

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Where buyers and sellers interact with one another to exchange things of value.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Consumers will pay money to producers in return for ________________.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

An _______________ exists for anything that can be bought and sold.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Where workers sell their skills, knowledge and effort to employers.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

In return for their labour, the employer will pay the workers a ________.

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