Trade-off and Opportunity Cost 7th - 12th Grade Quiz

Trade-off and Opportunity Cost

Quiz

•

Sir Simpao

•

Social Studies

•

7th - 12th Grade

•

494 plays

•

Medium

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Economics, Trade-off and Opportunity Cost mean the same thing.

True!

False!

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should be the most important factor considered when you make a decision?

the Trade-offs

the Opportunity Cost

the lost opportunities

the opinions of others

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Because of scarcity, people are forced to make _________ about how to use resources.

Choices

Opportunities

Analyses

Investments

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Trade-off is

a purchase in a marketplace.

an alternative that we sacrifice when we make a decision.

any good or service a consumer needs.

a factor of production.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most basic problem of economics?

scarcity

productivity

money

resources

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economics is the study of money and how to get rich.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Economics is the study of people and how they make decisions.

True

False

Explore all questions with a free account

or continue with

Microsoft

Apple

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?

Similar Resources on Quizizz

10 questions

Economics Trade-Off and Opportunity Cost

Quiz

•

7th - 12th Grade

10 questions

Trade-Offs and Opportunity Cost

Quiz

•

9th - 12th Grade

15 questions

1.2 Opportunity Cost and Trade-Offs Pearson Economics

Quiz

•

9th - 12th Grade

15 questions

Bodamer Economics Ch 1 Vocabulary

Quiz

•

11th - 12th Grade

14 questions

AP Macro Unit 1 Scarcity and Opportunity Cost

Quiz

•

12th Grade - University

10 questions

Topic 1 Quiz

Quiz

•

12th Grade

10 questions

Tradeoffs and Opportunity Cost Calculations

Quiz

•

7th - 12th Grade

10 questions

Opportunity Costs and Trade-Offs

Quiz

•

7th - 12th Grade

Popular Resources on Quizizz

39 questions

Respect and How to Show It

Quiz

•

6th Grade

20 questions

math review

Quiz

•

4th Grade

20 questions

Math Review - Grade 6

Quiz

•

6th Grade

20 questions

Reading Comprehension

Quiz

•

5th Grade

20 questions

Types of Credit

Quiz

•

9th - 12th Grade

20 questions

Taxes

Quiz

•

9th - 12th Grade

10 questions

Human Body Systems and Functions

Interactive video

•

6th - 8th Grade

20 questions

Multiplication Facts

Quiz

•

3rd Grade

Discover more resources for Social Studies

30 questions

9 Square Quizizz

Quiz

•

7th - 8th Grade

20 questions

Asian American/Pacific Islander Heritage Quiz

Quiz

•

3rd - 12th Grade

30 questions

Memorial day trivia

Quiz

•

10th Grade

48 questions

Civics EOC Review 2025

Quiz

•

7th Grade

9 questions

Ted and Olly: Understanding Themes and Perspectives

Quiz

•

6th - 8th Grade

19 questions

CFA #4 U.S./World

Quiz

•

9th - 12th Grade

25 questions

Math EOG Review

Quiz

•

7th Grade

60 questions

Earth Science SOL review

Quiz

•

9th - 12th Grade