Chapter 1
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Economics | show 🗑
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| Microeconomics | show 🗑
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| show | Broad economic aggregates rather than individuals units.
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| show | Deals with the way things are.
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| show | The way things should be.
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| Scarcity | show 🗑
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| show | labor-workers land-natural resources capital-tools and factories entrepreneurship-Those willing to develop new products or techniques.
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| Opportunity cost | show 🗑
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| show | Health, education, experience, training, skills and values of people
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| show | Tangible objects that satisfy economic wants
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| show | Activities performed by someone to satisfy economic want
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| show | Giving up one benefit in order to gain something more desirable
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| show | The amount of output produced per unit of input used.
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| Choice | show 🗑
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| show | Something manufactured or refined for sale.
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| Production | show 🗑
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| Cost | show 🗑
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| Specialization | show 🗑
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| Consumers | show 🗑
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| show | People and firms that use resources to make goods and services.
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| Supply | show 🗑
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| Demand | show 🗑
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| Utility | show 🗑
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| show | Monetary or non monetary gain recieved because of an action taken or a decision made.
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| show | Reaching a conclusion after consider alternatives and their results.
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| Incentive | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Princessnae
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