IB Economics Review 2022

IB Economics Review 2022

11th - 12th Grade

158 Qs

quiz-placeholder

Similar activities

Ôn tập KTPL lớp 11 Giữa HKI

Ôn tập KTPL lớp 11 Giữa HKI

9th - 12th Grade

161 Qs

bai 15 10 Hiến pháp Việt Nam

bai 15 10 Hiến pháp Việt Nam

12th Grade

158 Qs

Kinh tế- chính trị Quiz

Kinh tế- chính trị Quiz

12th Grade

156 Qs

Seventh Grade Trivia Challenge

Seventh Grade Trivia Challenge

7th Grade - University

156 Qs

IB Economics Review 2022

IB Economics Review 2022

Assessment

Quiz

Social Studies

11th - 12th Grade

Medium

Created by

David smith

Used 4+ times

FREE Resource

158 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is short run?

The short run is when at least one input is fixed while others are variable

The short run is a concept that states that you will be able to change your plans

The short run is when you can change capital and labour and any factor of production

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Salary given to permanent staff is an example of which kind of cost

fixed cost

variable cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Opportunity costs are

the loss of potential gain from other alternatives when one alternative is chosen

marginal costs when average costs are minimized

what accountants consider as costs

explicit costs

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

Types of cost in the curve are

Total, variable and fixed

Average and marginal

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Marginal costs is

the cost added by producing one additional unit

the change in revenue added by producing one additional unit

the additional cost

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The MC curve cuts AC at its

highest point

minimum point

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The shape of AFC is

rectangular hyperbole

S shaped

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?