Economic Goods and Services
Authored by Maria Moran
Business
11th Grade
Used 12+ times
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28 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Products produced for personal consumption
Products and resources
Consumer goods and services
Industrial resources
Wholesale goods and services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People who use goods and services to satisfy their wants
Patients
Clients
Consumers
Products
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Consumer goods and services purchased quickly and without much thought or effort
Convenience Products
Products and goods
Industrial products
Quick stop goods
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Physical objects that are useful, scarce, and transferable and which satisfy economic wants
Economic Wants
Economic Services
Economic Goods
Industrial Goods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Productive acts that are useful, scarce, and transferable and which satisfy economic wants
Economic Products
Equipment
Economic Wants
Economic Services
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A desire for something that can only be satisfied by spending money
Economic Products
Economic Want
Economic Need
Economic Goods
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Industrial goods used in the operation of a business but not used in the actual production of a good or service
Economic Wants
Economic Goods
Equipment
Products
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