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2° Partial / Economic

Authored by KATIA LIZZETE BOLAN RUIZ

Business

5th Grade

Used 2+ times

2° Partial / Economic
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30 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

1.- Microeconomics studies the behavior of the simplest units

a) True

b) False

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

2.- The microeconomics studies the households

a) True

b) False

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

3.- Microeconomics is responsible for studying and establishing the decisions they face on a day-to day basis regarding this reality and describes the best way to maximize their economic well-being.

a) True

b) False

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

4.- Macroeconomics isn’t the branch of economics that deals with the structure

a) True

b) False

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

5.- The demand is an economic principle referring to a consumer’s desire to purchase goods and services

a) True

b) False

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

6.- Supply in economics states that as the price of a good or service increases, the quantity of goods or services increases and vice versa.

a) True

b) False

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

7.- A product is considered to be elastic if the quantity demand of the product changes more that proportionally when its price increases or decreases.

a) True

b) False

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