Environmental Economics Quiz

Environmental Economics Quiz

12th Grade

15 Qs

quiz-placeholder

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Environmental Economics Quiz

Environmental Economics Quiz

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Chris Towns

Used 5+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Jaden and Conner started a lemonade stand. They are trying to understand how their lemons and sugar become lemonade that is sold and consumed by their customers. What is this study called?

Supply

Policy

Economics

Demand

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Conner and Patrick run a factory that produces plastic goods. The government imposes a certain tax on their factory because it harms the environment. What is this tax called?

Green tax

Non-market value

Market failure

Cost-benefit analysis

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Val and Jonathan are planning to start a small business. They heard that the government sometimes gives away cash or public resources to encourage an activity or lower a product's price. What is this called?

Supply

Policy

Subsidy

Demand

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Val runs a bakery and she wants to sell her freshly baked bread. What is the amount of bread she offers for sale at a given price?

Lobbying

Non-market value

Supply

Cost-benefit analysis

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

During a school project, Patrick and Jaden are trying to understand the concept of influencing an elected official to support a specific interest. What is this effort called?

Green tax

Non-market value

Lobbying

Market failure

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Jonathan went to a local store to buy a new bicycle. Which of the following is a value that is not usually included in the price of the bicycle?

Store's policy

Non-market value

Economic factors

Demand for bicycles

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

In a school project, Val and Baffour are tasked with creating a formal set of plans for addressing problems and guiding decision making. What is this called?

Supply

Policy

Economics

Demand

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