2-7 Quiz Pricing

2-7 Quiz Pricing

11th Grade

21 Qs

quiz-placeholder

Similar activities

Lesson 6.1 - 6.5

Lesson 6.1 - 6.5

8th Grade - University

20 Qs

Web Design_Final Test Prep

Web Design_Final Test Prep

9th - 12th Grade

22 Qs

History of Broadcast Production

History of Broadcast Production

9th - 12th Grade

16 Qs

Incident Respond Quiz

Incident Respond Quiz

11th Grade

20 Qs

ESB Domain 2

ESB Domain 2

11th Grade

24 Qs

Channels of Distribution Quiz

Channels of Distribution Quiz

11th Grade - University

20 Qs

TPR U2 3ºESO - Technology Problem Solving

TPR U2 3ºESO - Technology Problem Solving

11th Grade

18 Qs

Culture générale

Culture générale

11th Grade - Professional Development

16 Qs

2-7 Quiz Pricing

2-7 Quiz Pricing

Assessment

Quiz

Instructional Technology

11th Grade

Hard

Created by

Gerald Jost

Used 1+ times

FREE Resource

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A method used to set a price for a product, with the goal of creating optimum value for both the seller and buyer is known as which of the following?

pricing

free market


economic incentives


rational choice theory

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A shop receives the newest car model from a manufacturer with a suggested range of prices from $20,000 - $30,000. After negotiations, the car actually sold for $22,000. This price is known as which of the following?

private enterprise

free market

selling price

economic incentives

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an economic system where production, wages, and prices are determined via the application of the law of supply and demand, with little or no government regulations?

economic incentives


selling price

free market


rational choice theory

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following assumes that people will generally make choices based on their own personal preferences and desired outcomes?

Total Points

Select an an

economic incentives


pricing


free market

rational choice theory

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a free market, and assuming rational choices are made, people usually respond to _______.

economic incentives

Correct


pricing


private enterprise


selling price

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best demonstrates an economic incentive?


working more hours

a raise in salary


buying expensive items


a range of prices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The current prevailing price listed for a product in the marketplace is known as which of the following?


private enterprise


selling price

market price



economic incentive

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?