2.00 study guide

2.00 study guide

9th Grade - University

25 Qs

quiz-placeholder

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2.00 study guide

2.00 study guide

Assessment

Quiz

Education, Business

9th Grade - University

Hard

Created by

Raleigh Kingsberry

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A flood destroyed your business, what risk would this be

Operational

Hazard

No risk

Finical

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which isn’t a type of economy

Socialism

Capitalism

communism

Feminism

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following represents a primary business activity?

Planing

Designing

Marketing

Supervising

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Seeing a movie at a theater would be considered a(n)___want.

Economic

Unlimited

Limited

Non-economic

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Every society must develop a system for deciding how it will use its resources so that it can

Minimize risk

Meet peoples needs

Prevent problems

Control production

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are resources considered limited

There aren’t enough available for everyone to have as much of them as desired

People don’t want to share

Everyone has them, and they change

Entrepreneurs don’t invest enough in them

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money paid for raw materials and products sold is Called

Cost of goods

Operating expenses

Net profit

Investments

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