CE 11 Review #1: Question Preview (ID: 14921)


Below is a preview of the questions contained within the game titled CE 11 REVIEW #1: SOL CE 11 Review Games. Focus On: CE 11a .To play games using this data set, follow the directions below. Good luck and have fun. Enjoy! [print these questions]


Play games to reveal the correct answers. Click here to play a game and get the answers.

A winter storm downed power lines and left the town without electricity for a week. Stores quickly ran out of supplies consumers wanted to buy. What economic term is described?
a) Incentive b) Scarcity c) Human resource d) Opportunity cost
A buy one get one free sale is an example of which economic term?
a) Incentive b) Scarcity c) Human Resource d) Opportunity cost
All of the following are types of resources except?
a) human resources b) natural resources c) capital resources d) main resources
Farmers in the Midwest report that a drought has damaged much of the wheat crop that is used to make bread. What is most likely to happen as a result of the drought?
a) Consumers will grow their own wheat b) Consumers will pay less for bread c) Bread prices will go down d) Bread prices will go up
Which of the following is NOT one of the three basic economic questions?
a) What will be produced? b) Why will it be produced? c) Who will produce it? d) For whom will it be produced?
Mike has $10. He can buy a CD or a shirt. He decides to buy a CD. What term best represents the shirt?
a) His opportunity cost b) His supply c) His demand d) His incentive
What determines the price of a good or service?
a) The amount of sales tax b) The number of people it takes to produce it c) The influence of supply and demand on each other d) Where the good or service is produced and sold
Maggie did not buy a shirt she wanted until it went on sale. What was her incentive to buy the shirt?
a) The original price b) Supply c) Lack of resources d) Sale price
If supply is low and demand is high, the price of an item will be?
a) High b) Low c) Stay the same d) None of these choices
What do you call the process of combining resources to produce goods and services
a) Consumption b) Production c) Distribution d) Demand
Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from the data set above, visit ReviewGameZone.com and enter game ID number: 14921 in the upper right hand corner at ReviewGameZone.com or simply click on the link above this text.

TEACHERS / EDUCATORS
Log In
| Sign Up / Register