Economic and Geographic Concepts Quiz

The value of what is lost when a person makes an economic decision is called

• a marginal cost.

• an economic loss.

• an opportunity cost.

• an economic advantage.

Which physical feature is highlighted on this map?

• the Atlantic Coastal Plain

• the Great Lakes

• the Great Plains

• the Pacific Coastal Plain

Which statement accurately describes lines of latitude and longitude?

• They form a grid across Earth's surface that can be seen from outer space

• They can be used to identify the exact location of any place on the surface of the Earth.

• They have been replaced by GPS and modern map tools, and are rarely used today.

• They are real lines that have been drawn on Earth.

What degrees LATITUDE is the red dot on the map?

• 30 degrees N

• 90 degrees W

• 0 degrees

• 60 degrees S

What is always true in a voluntary exchange?

• Both sides benefit from the exchange.

• Both sides trade the same type of item.

• Both sides value the traded items equally.

• Both sides receive money in the exchange.

The line highlighted on this map represents which of the following? HINT: it is invisible

• the equator

• the prime meridian

• the Mississippi River

• the Continental Divide

Which letter on the map represents the location of the Gulf of Mexico?

• W

• X

• Y

• Z