Microeconomics
Authored by Harley Tanner
History
11th Grade
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25 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A study of economics in terms of individual areas of activity or single factors.
Macroeconmics
Economics
Microeconomics
Personal Finance
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Choose 2
What are the 2 sectors of microeconomics
People
Households
Markets
Business
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This diagram shows the characteristics and/or relationships between households and businesses in the economy
Market Structure
Circular Flow Diagram
Supply and Demand Graph
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Choose 2
What are the two types of Microeconomics markets
Business
Households
Product
Resource
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Demand is the quantity the _____________ is willing to buy
Consumer
Producer
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Supply is the quantity the __________ is able to sell at a price.
Consumer
Producer
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Quantity of the goods that the buyers are able matches the quantity being sold.
Price Match
Crossroads
The Force
Equilibrium Price
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