Economics, 7th grade
Authored by Seth Latchana
History, Other, Fun
6th - 8th Grade
Used 675+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you buy an Xbox instead of a PlayStation, the PlayStation is the....
Oppurtunity cost
Product
Good
Service
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money brought in by a company compared to it's cost is the...
Revenue
Money
Profit
Economy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do you work in a traditional economy?
Profit
Past beliefs
Government
Relaxation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A phone is an example of a...
good
service
device
economic system
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Not having enough resources to fill your needs is
limited resources
productivity
scarcity
limitation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Labor is the...
work you do
workers
education of the workers
person who you're working for
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
what currency does the U.S use?
Euro
US dollar
Cash money
Pound
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