What does the term: 'opportunity cost' mean in Business Activity?
Business Studies Revision

Quiz
•
Business
•
9th - 10th Grade
•
Easy
Dick Cheng
Used 127+ times
FREE Resource
16 questions
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1.
OPEN ENDED QUESTION
3 mins • 5 pts
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2.
OPEN ENDED QUESTION
3 mins • 5 pts
What does the term: 'land' mean in Business Activity?
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3.
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3 mins • 5 pts
What does the term: 'labour' mean in Business Activity?
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4.
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3 mins • 5 pts
What does the term: 'capital' mean in Business Activity?
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5.
OPEN ENDED QUESTION
3 mins • 5 pts
What does the term: 'enterprise' mean in Business Activity?
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6.
OPEN ENDED QUESTION
5 mins • 5 pts
What does specialization mean? What are the pros and cons?
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7.
OPEN ENDED QUESTION
3 mins • 5 pts
What does the term: 'added value' mean in Business Activity?
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