Quiz on Scarcity and Resources
Authored by Brandon Westerman
Social Studies
12th Grade
Used 1+ times
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12 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is scarcity?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Diagram Skills: What is the name of any human-made resource that is used to make other goods and services?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What is opportunity cost?
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4.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Chart Skills: What is the opportunity cost of the first extra hour of study?
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is efficiency?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
Graph Skills: How many watermelons and shoes are produced at point b on the production possibility frontier?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What is scarcity?
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