Introduction to Economics
Authored by Emily Fitzgerald
Social Studies
7th Grade
Used 10+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This refers to how much of something is available to you
Supply
Demand
Opportunity Cost
Production
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
If I have to make a choice between reading a book or watching my favorite show and I choose to watch my favorite show, what is the opportunity cost
3.
OPEN ENDED QUESTION
3 mins • 1 pt
How are scarcity, choice, and opportunity cost all related? (Which one leads to another and so on...)
Evaluate responses using AI:
OFF
4.
DRAW QUESTION
3 mins • 1 pt
Draw a supply and demand curve (label them) and identify on the table where the equilibrium price would be
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If supply goes up and demand goes down, what will happen to the price?
Goes up
Goes down
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If supply goes down and demand goes up, what will happen to the price?
Goes up
Goes down
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
This term refers to where supply and demand are the same and therefore the price will not go up or down
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
