AP Microeconomics Unit 4
Authored by Brent Pfeiffer
Social Studies
10th Grade - University
Used 278+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
93 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The graph shows a(n):
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What does marginal mean in the language of economics?
Additional
Less
Satisfaction
I can't believe it's not Butter.
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What does utility mean in the language of economics?
Additional
Less
Satisfaction
I can't believe it's not Butter.
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If every consumers needs are being met perfectly and every good that is being made is being sold, what type of efficiency is being achieved?
Productive Efficiency
Allocative Efficiency
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
When there is only one seller of a good or service, they are said to have a?
Monopoly
Oligarchy
Monopolistic Competition
Perfect Competition
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
When there are only a few sellers of a type of produce, like Smart phones, there is said to be an?
Monopoly
Oligopoly
Monopolistic Competition
Perfect Competition
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
When there is lots of competition in a market because the barriers to entry are low and there are many substitutes that exist, this is called?
Monopoly
Oligopoly
Monopolistic Competition
Perfect Competition
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
