
Exploring Scarcity and Opportunity Cost in Economics
Interactive Video
•
Social Studies
•
6th - 10th Grade
•
Hard
R. Hernandez
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of an alternative activity you might do instead of watching this video?
Cooking dinner
Sleeping
Reading a book
Going for a run
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do economists call the cost of choosing one activity over another?
Variable cost
Opportunity cost
Fixed cost
Sunk cost
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do choices exist according to economists?
Because we have infinite time
Because we live in a world of scarcity
Because we have limited desires
Because we have unlimited resources
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main driver in the field of economics?
Technology
Wealth
Scarcity
Abundance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the hypothetical scenario of a world without scarcity, what is one thing people would have unlimited access to?
Money
Time
Friends
Knowledge
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which television show depicts a future where economic scarcity is no longer an issue?
The Expanse
Star Trek: The Next Generation
Black Mirror
The Twilight Zone
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What device in Star Trek: The Next Generation provides unlimited material goods on demand?
Holodeck
Transporter
Replicator
Warp Drive
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