Intro to demand

Intro to demand

8th Grade

15 Qs

quiz-placeholder

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Intro to demand

Intro to demand

Assessment

Quiz

Social Studies

8th Grade

Medium

Created by

Anne Younger

Used 12+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A want is ...

something you would like to have

something you own

something you use

something you will buy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The difference between demand and want is...

There is no difference!!

A want is a willingness to buy but you lack the money, demand you have both the willingness and the money

Demand is done by consumers but wanting is done by producers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All choices result in an opportunity cost

FALSE

TRUE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Values are

money

principles

emotions

prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When we have two values that do not align (match) one another, we call this a..

conflict

compromise

cooperation

consequence

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Developing an choice that involves elements (parts) of two other decisions to resolve a conflict is a..

conflict

compromise

cooperation

consequence

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Developing a choice that involves elements (parts) of two other decisions to resolve a conflicts a ..

conflict

compromise

cooperation

consequence

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