8th Grade Microeconomics Quizzes, Questions & Answers

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Trade Offs Opportunity Cost Quiz
Trade Offs Opportunity Cost Quiz

This Trade Offs Opportunity Cost Quiz assesses understanding of economic principles such as tradeoffs, opportunity cost, and production possibilities. It tests key concepts essential for grasping the dynamics of resource...

Questions: 8  |  Attempts: 1004   |  Last updated: Aug 9, 2025
  • Sample Question 1
    Tradeoffs are options that the consumer has and can choose to take.
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  • Sample Question 2
    Define Opportunity Cost. 
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  • Sample Question 3
    Define three things that the Economic Model does.
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