Incentives/Opportunity Cost

Incentives/Opportunity Cost

3rd Grade

6 Qs

quiz-placeholder

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Incentives/Opportunity Cost

Incentives/Opportunity Cost

Assessment

Quiz

Social Studies

3rd Grade

Medium

Created by

Josephine Lyons

Used 1+ times

FREE Resource

6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is an incentive?

A type of fruit

Something that encourages you to do something

A kind of animal

A place to visit

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If you choose to play outside instead of doing your homework, what is the opportunity cost?

The fun you have playing

The time you spend playing

The homework you didn't do

The friends you play with

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of these is an example of an incentive for doing your chores?

Getting extra playtime

Losing your toys

Having to do more chores

Going to bed early

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the opportunity cost of choosing to watch TV instead of reading a book?

The TV show you watch

The book you didn't read

The snacks you eat

The time you spend watching TV

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of these is NOT an incentive?

A reward for good grades

A punishment for not cleaning your room

A sunny day

A prize for winning a game

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Why might someone choose to save their money instead of spending it on a toy?

They don't like toys

They want to buy something bigger later

They have too many toys

They forgot their money