Economic and Systems MKT exploring
Authored by William Lauterbach
Financial Education
9th Grade
Used 2+ times
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39 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The study of how to meet unlimited wants with limited resources.
Marketing
Economics
Managment
Business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Any item that can be used to produce goods and services.
Want
Economy
Need
Resource
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Water and air are examples of ___ resources.
Capital
Human
Natural
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In economics, the term capital goods includes
Building and Equipment
Labor and managment
Mental and phyiscal work
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A product that is useful to customers has
form
Utility
possesion
Utalitarian
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a business changes the shape of a product, it is creating ____ utility.
Form
place
time
possession
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When products are available where they are needed, they have ____ utility.
Form
Place
Time
information
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