Year 12 Micro economics

Year 12 Micro economics

11th - 12th Grade

51 Qs

quiz-placeholder

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Year 12 Micro economics

Year 12 Micro economics

Assessment

Quiz

Social Studies

11th - 12th Grade

Medium

Created by

Hollie Labunsky

Used 1+ times

FREE Resource

51 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The factor of production that includes machinery, broadband, lorries etc

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The factor of production that includes workers, employees etc

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is the 'reward' for enterprise

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is the 'reward' for land?

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Resources are often described as being....

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The next best alternative foregone, or what you give up when you make a choice

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

PPF: PRODUCTION POSSIBILITY.....

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