Econ-2.1 Formative Assessment Option 1
Presentation
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Social Studies
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11th Grade
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Practice Problem
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Medium
Chris Schriever
Used 1+ times
FREE Resource
11 Slides • 13 Questions
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Fill in the Blanks
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Audio Response
Consider the final good of kitchen cabinets. What is an example of a land resource that would be used to produce this good?
BE SURE TO START YOUR RESPONSE WITH, "An example of a land resource used to produce kitchen cabinets would be.."
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Audio Response
Consider the final service of a haircut. What is an example of a labor resource that would be used to produce this service?
BE SURE TO START YOUR RESPONSE WITH, "An example of a labor resource used to produce a haircut would be.."
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Audio Response
Consider the final good of a video game. What is an example of the human capital resource that would be used to produce this good?
BE SURE TO START YOUR RESPONSE WITH, "An example of the human capital resource used to produce a video game would be.."
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Audio Response
Consider the final good of a 3-pound bag of Zestar apples. What is an example of a physical capital resource that would be used to produce this good?
BE SURE TO START YOUR RESPONSE WITH, "An example of a physical capital resource used to produce a 3-pound bag of Zestar apples would be.."
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Audio Response
Consider the final service of a social media app. What is an example of entrepreneurship that would be key in producing this service?
BE SURE TO START YOUR RESPONSE WITH, "An example of entrepreneurship that would be key in producing a social media app would be.."
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Open Ended
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Open Ended
Based on the information in the image given, find the total cost for each technique given. Then, based on the total costs you find, identify the technique will maximize the profit for this good AND identify the technique that is the least profitable. SHOW YOUR WORK BY UPLOADING A PIC OF YOUR WORK.
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Multiple Choice
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Multiple Choice
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Multiple Choice
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Multiple Choice
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Multiple Choice
Based on the chart given, Identify the production technique that maximizes the profitability of the Ninja Blender.
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