Big Business Vocabulary Quiz

Big Business Vocabulary Quiz

8th Grade

38 Qs

quiz-placeholder

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Big Business Vocabulary Quiz

Big Business Vocabulary Quiz

Assessment

Quiz

Other

8th Grade

Easy

Created by

Larissa Barresi

Used 8+ times

FREE Resource

38 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

amount of product available for sale?

Supply

Demand

Surplus

Deficit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

willingness and ability to buy a product?

Supply

Demand

Surplus

Deficit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

more than enough of a product?

Supply

Demand

Surplus

Deficit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

NOT having enough of a product?

Supply

Demand

Surplus

Deficit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the term for 2 or more companies competing for business?

Supply

Demand

Surplus

Competition

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

​ is the amount of product for sale

supply
demand

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When one company controls all or nearly all of one industry (like oil) it is a ​

monopoly
trust
union

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