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Business

8th -

9thgrade

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Economic Concepts

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25 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    Which of the following types of utility enhances value by

    creating more useful or desirable products out of raw materials or separate parts?

    Possession

    Time

    Form

    Information

  • 2. Multiple Choice
    30 seconds
    1 pt

    Which of the following is NOT one of the basic economic questions listed in the presentation?

    What goods and services do we produce

    How do we produce those goods and services

    When will we produce those goods and services

    Who should benefit from the goods and services produced

  • 3. Multiple Choice
    30 seconds
    1 pt

    When companies are understaffed employees can become overworked, cause a hostile work environment and increase the time of production.

    True

    False

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