Economics Test Review

24 Questions | Attempts: 197
Please wait...
Question 1 / 25
🏆 Rank #-- ▾
0 %
0/100
Score 0/100

1. A news paper and a chair are produced from which resource?

Submit
Please wait...
About This Quiz
Economics Test Review - Quiz

This is a review of our content for the economics standards

2.

What first name or nickname would you like us to use?

You may optionally provide this to label your report, leaderboard, or certificate.

2. A person who works for wages

Submit

3. Which of the following is an example of consumption? (being a consumer)

Submit

4. A person who buys and uses things

Submit

5. Mr. Lambros wants to start a trumpet makeing business.  Which of the following would he need to make the trumpets?

Submit

6. People working in a bakery baking bread represent which factor of production?

Submit

7. Money paid to an employee

Submit

8. Acts done for another person

Submit

9. Products that are made, bought, and sold

Submit

10. The aluminum produced in Ohio is often used in the produciton of which of the following items?

Submit

11. Selling goods and services throug tv, radio, and printed ads

Submit

12. Which of the following is an example of someone consuming something?

Submit

13. A person who organizes, manages, and assumes the risk of a business

Submit

14. An economic term that relates the selling price of goods to how much is available for sale and how much people are willing to pay to get it.

Submit

15. Which of the following is an example of labor?

Submit

16. Which of the following is an example of production?

Submit

17. Money paid to an employee

Submit

18. A cost money spent

Submit

19. A supermarket has noticed that more people put groceries in paper bags than in plastic bags.  For this reason, the supermarket has decided to order more paper bags and fewer plastic bags.  Which of the following resources will be in greater demand?

Submit

20. Land, labor, capital and entrepreneurship; the things that must come together before goods are made and sold

Submit

21. Money made after expenses are paid

Submit

22. Near a grove of fruit trees is a factory that makes fruit juice.  Which factor of production does the grove of fruit trees represent?

Submit

23. A system where the people, not just the government, run businesses for profit

Submit

24. How goods and services are made, distributed, and used

Submit
×
Saved
Thank you for your feedback!
View My Results
Cancel
  • All
    All (24)
  • Unanswered
    Unanswered ()
  • Answered
    Answered ()
A news paper and a chair are produced from which resource?
A person who works for wages
Which of the following is an example of consumption? (being a...
A person who buys and uses things
Mr. Lambros wants to start a trumpet makeing business.  Which of...
People working in a bakery baking bread represent which factor of...
Money paid to an employee
Acts done for another person
Products that are made, bought, and sold
The aluminum produced in Ohio is often used in the produciton of which...
Selling goods and services throug tv, radio, and printed ads
Which of the following is an example of someone consuming something?
A person who organizes, manages, and assumes the risk of a business
An economic term that relates the selling price of goods to how much...
Which of the following is an example of labor?
Which of the following is an example of production?
Money paid to an employee
A cost money spent
A supermarket has noticed that more people put groceries in paper bags...
Land, labor, capital and entrepreneurship; the things that must come...
Money made after expenses are paid
Near a grove of fruit trees is a factory that makes fruit juice. ...
A system where the people, not just the government, run businesses for...
How goods and services are made, distributed, and used
play-Mute sad happy unanswered_answer up-hover down-hover success oval cancel Check box square blue
Alert!