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- 1. Multiple Choice
This Chipotle coupon is an example of
capital
a market
opportunity cost
an incentive
- 2. Multiple Choice
Construction equipment is what type of resource?
Natural
Human
Capital
Entrepreneurship
- 3. Multiple Choice
People are waiting in line to buy the new iPhone X. What term matches this picture?
Demand
Price
Opportunity Cost
Capital
- 4. Multiple Choice
Which is an example of an Entrepreneur?
Valerie creates and sells her own lip gloss
Josue opens a Starbucks
Nayely paints pictures to hang in her own home
Kathy drinks 12 Arizona Ice Teas, setting a school record.
- 5. Multiple Choice
What resource is scarce is this picture?
Sunlight
Water
Grass
Dirt
- 6. Multiple Choice
This girl is demonstrating which term?
Supply
Consumption
Incentive
Opportunity Cost
- 7. Multiple Choice
Jose has two choices after school, he can play soccer, or study for his Civics test. If Jose chooses soccer, what is the opportunity cost?
Playing Soccer with his friends
A bad score on his Civics Test
He will be tired
Having fun with his friends
- 8. Multiple Choice
What allows the government to collect Income Taxes?
Credit Unions
Financial Institutions
16th Amendment
14th Amendment
- 9. Multiple Choice
If Mrs. Chabay is a shareholder with Disney, Disney must be what type of business...
Corporation
Proprietorship
Partnership
- 10. Multiple Choice
Which of the following is an example of a public good or service?
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