Social Studies

9th -

12thgrade

Image

Economics Chapter 7 Test

51
plays

25 questions

Show Answers
See Preview
  • 1. Multiple Choice
    1 minute
    1 pt
    A product that consumers see as the same, regardless of the producer
    Differentiated product
    Similar product
    Standardized product
  • 2. Multiple Choice
    1 minute
    1 pt
    Which of the following is the best example of a standardized product?
    Car
    Boots
    Cereal
    Skim Milk
  • 3. Multiple Choice
    1 minute
    1 pt
    A business that cannot set the prices itself, but accepts the market price
    Price maker
    Price taker
    Monopoly
    Cartel
  • Answer choices
    Tags
    Answer choices
    Tags

    Explore all questions with a free account

    Already have an account?