Business Pop Quiz _Term 1_2023
Authored by Faeema Wagirkhan
Business
7th Grade
Used 3+ times
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22 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Basic needs are
things we wish to have.
things that are not important.
essential for survival.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The three basic needs are
a car, phone and iPad
food, shelter and clothing
are things that are not important to humans
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tangible goods
cannot be seen or touched.
can be consumed
can be seen and touched.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Services are aids
that satisfy those who consume
them.
that can be touched.
services are tangible.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_______ are those goods and services people would
wish to have but which are not essential for
survival.
Purchasing Power
Wants
Needs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Wants are
unlimited
limited
scarcity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Wants refer to goods and services that are ______________ for survival.
essential
not essential
scarce
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