Econ Unit 1 Midpoint
Authored by Catalina Sallette
Other
12th Grade
Used 2+ times
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25 questions
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1.
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1 min • 1 pt
the study of decision making in a world where resources are scarce
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
what are the three basic questions of economics?
what to produce
how to produce
where to produce
for whom to produce
3.
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1 min • 1 pt
inputs needed for the creation of a good or service
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
what are the factors of production
natural resources
labor
capital
entrepreneurship
a can do attitude
5.
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1 min • 1 pt
anything from nature needed to create a product
6.
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1 min • 1 pt
people who work for you to produce your product or service
7.
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1 min • 1 pt
items needed to produce your products
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