Economics Final

Economics Final

10th Grade

15 Qs

quiz-placeholder

Similar activities

Great Depression, New Deal, WW2

Great Depression, New Deal, WW2

9th - 12th Grade

12 Qs

Christmas Myths

Christmas Myths

5th - 12th Grade

10 Qs

Dino quiz

Dino quiz

1st - 12th Grade

16 Qs

COLD WAR INTRO

COLD WAR INTRO

10th Grade

10 Qs

vedic period

vedic period

6th - 10th Grade

11 Qs

All about UV

All about UV

7th - 11th Grade

11 Qs

MILITARY ADMINISTRATION OF SHIVAJI

MILITARY ADMINISTRATION OF SHIVAJI

7th - 11th Grade

10 Qs

Leaders of The World

Leaders of The World

KG - University

10 Qs

Economics Final

Economics Final

Assessment

Quiz

History

10th Grade

Practice Problem

Easy

Created by

Bailin Caldwell

Used 2+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the study of how people seek to satisfy their needs and wants by making choices?

Anthropology

Sociology

Psychology

Economics

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term describes items purchased to satisfy needs and wants?

Services

Goods

Commodities

Assets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a situation in which unlimited wants exceed the limited resources available?

Surplus

Scarcity

Abundance

Deficit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is a person that organizes, manages, and takes on the risks of a business?

Manager

Employee

Entrepreneur

Investor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most desirable alternative given up as the result of a decision?

Trade-off

Opportunity cost

Sunk cost

Marginal cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the monetary gain made in a transaction called?

Revenue

Profit

Income

Earnings

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term describes using fewer resources than an economy is capable of using?

Optimization

Maximization

Overutilization

Underutilization

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?