A business environment where there are many producers, not just one or two
Economics Quiz 3 Review

Quiz
•
Social Studies
•
12th Grade
•
Easy
Gabriel Mello
Used 1+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
2.
CLASSIFICATION QUESTION
1 min • 1 pt
Groups:
(a) Types of Businesses
,
(b) Types of Markets
Monopoly
Oligopoly
Sole Proprietorship
Monopolistic Competition
Pure Competition
Partnership
Corporation
3.
DRAG AND DROP QUESTION
1 min • 1 pt
A sole proprietorship is always owned by (a) person
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If you can buy stock in a company, the type of business it absolutely has to be is...
Sole Proprietorship
Partnership
Corporation
5.
CLASSIFICATION QUESTION
3 mins • 1 pt
Decide whether the following qualities are attributes of being in the workforce or unemployed
Groups:
(a) In the Workforce
,
(b) Not in the Workforce
Not willing to work
At least 16 years old
Willing to Work
Younger than 16
Unable to work
Able to Work
6.
MATCH QUESTION
1 min • 1 pt
Match the following scenarios to the type of unemployment that goes with it
Frictional
A person is let go/leaves their job due to it being a certain time of year
Structural
A person leaves their job because they are moving to a different state
Seasonal
A person isn't hired because hourly wage/salaries are too high
Classical
A business is hiring, but nobody is applying
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