SS2E1
Authored by Brook Archer-Everett
Social Studies
2nd Grade
Used 10+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is opportunity cost?
your choice
what you give up when making a choice
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is scarcity?
having too much of a resource
not having enough of a resource
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of scarcity?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A consumer is ____.
someone who pays for goods and services
someone who provides goods and services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A producer is ___.
someone who uses a good or receives a service
someone who provides a good or service
6.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Because of scarcity, we must make (a) .
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
I have enough money to buy a Snicker or a Hershey bar. I chose a Snicker bar. My opportunity cost is the ____.
Hershey
Snicker
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