Below are three economic actors ...
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Games grade XI Social
Quiz
•
Fun
•
9th - 12th Grade
•
Medium
ms evita12IPS
Used 2+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Producer
Distribution
Consumer
Production
Distributor
Consumsion
Producer
Distributor
Consumer
Production
Distribution
Consumsion
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Below is an economic activity...
Production
Distribution
Consumsion
Production
Distributor
Consumer
Producer
Distribution
Consumer
Producer
Distributor
Consumsion
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are discussed in modern economic problems ...
What to produce?
How to produce?
Where to produce?
What to produce?
How to produce?
For whom to produce?
When to produce?
How to produce?
Where to produce?
When to produce?
Why to produce?
Where to produce?
4.
OPEN ENDED QUESTION
1 min • 1 pt
Explain in your own language about "what is Scarcity?"
Evaluate responses using AI:
OFF
5.
OPEN ENDED QUESTION
1 min • 1 pt
Explain in your own language about "what is Opportunity Cost?"
Evaluate responses using AI:
OFF
6.
OPEN ENDED QUESTION
45 sec • 1 pt
Which line represents the demand curve ...
Evaluate responses using AI:
OFF
7.
OPEN ENDED QUESTION
45 sec • 1 pt
Which line represents the equilibrium price curve ...
Evaluate responses using AI:
OFF
8.
OPEN ENDED QUESTION
1 min • 1 pt
The triangular center point on the curve is called ...
Evaluate responses using AI:
OFF
9.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Equilibrium is ...
a situation where demand and supply are not equal
the price where demand and supply are equal, where the market clears
the amount that is traded at the equilibrium price
a situation where there is no tendency for change
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