6th Grade Microeconomics Quizzes, Questions & Answers
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So, would you like to take some scarcity quiz questions and answers? Do you fancy yourself knowledgeable in economics and all matters of finance and money? Are you aware of what the term scarcity means? Take this quiz to find out...
Questions: 10 | Attempts: 7267 | Last updated: Aug 19, 2025
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Sample Question 1What is scarcity?
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Sample Question 2When a limited amount of resources are available, consumers must:
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Sample Question 3All are alternatives to scarcity EXCEPT:
Recent Microeconomics Quizzes
TEST DESCRIPTION
Total No. of Questions = 10
Test Duration = 15 minutes
Total Marks = 40
Negative Marking = YES
(1 mark will be deducted for each wrong answered question
Questions: 10 | Attempts: 4270 | Last updated: Oct 22, 2025
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Sample QuestionWhen a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
This quiz is so awesome. You should take it to find out if you are dumb or not.
Questions: 10 | Attempts: 62 | Last updated: Jun 1, 2025
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Sample QuestionWhat are you?
How well do you know economics vocabulary? Could you pass this quiz? The following are exemplars of the terminology used in economics. In economics, scarcity refers to the state of not having enough of something. Goods are...
Questions: 11 | Attempts: 473 | Last updated: Mar 21, 2025
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Sample QuestionMoney paid to an employee.
Explore different economic systems through 'What kind of Economy am I?' quiz. Identify characteristics of market, command, and traditional economies, assessing key concepts like supply and demand, governmental roles, and communal...
Questions: 8 | Attempts: 459 | Last updated: Mar 21, 2025
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Sample QuestionThe expression "supply and demand" reflects what kind of economy?
Dive into the fundamentals of economics with the Trivia Quiz: Economics Practice Test! This quiz assesses your understanding of basic economic concepts such as needs, wants, goods, services, scarcity, and abundance. Enhance your...
Questions: 15 | Attempts: 328 | Last updated: Mar 21, 2025
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Sample Question__________ are things we do not need to survive like Xbox or TV.
Do you know what the economy is? Have you ever imagine how it works? The economic system refers to production, allocating resources, and focusing on the distribution of goods and services, which comprises different institutions...
Questions: 27 | Attempts: 9256 | Last updated: Jan 21, 2025
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Sample QuestionWhat are the limitations of a Free enterprise system?
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