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Activity 1

Quiz by GERALDINE MANACMUL

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5 questions
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  • Q1
    What is the science that deals with the allocation of scarce to meet the unlimited human wants?
    technology
    entrepreneurship
    economics
    management
    30s
  • Q2
    It is one of the three strands in the development of the definition of economics.
    education
    wealth
    people
    community
    30s
  • Q3
    What is the major concept in the study of economics that should be considered?
    decision
    opportunity cost
    people
    wealth
    30s
  • Q4
    It can be portrayed as basic necessities for material survival.
    human needs
    human wants
    human perception
    human resources
    30s
  • Q5
    It is defined as a social mechanism to respond to the economic problem of the society.
    shortage
    allocation
    scarcity
    resources
    30s

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