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Basic Concepts of Economics
Quiz
•
Business
•
11th Grade
•
Medium
Purvi Parsana
Used 346+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The wish to have something is_
Desire
Want
Need
Demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Effective efforts put to acquire something will be_
Want
Desire
Need
Demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Willingness to pay for the want is_
Need
Desire
Demand
Show off
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things require to survive are categorised as_
Demands
Wants
Needs
Desires
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is NOT a classification of Wants
Necessities
Luxuries
Comforts
Secondary
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is NOT a feature of Wants
Recur
Competitive
Complementary
Limited
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Services are _
Tangible
Non-tangible
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