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Economics

Quiz by Roberto Balino

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3 questions
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  • Q1
    What is the term for a market in which there are many buyers and many sellers, and no single buyer or seller can influence the price?
    Monopolistic competition
    Perfectly competitive market
    Monopoly
    Oligopoly
    30s
  • Q2
    What is the study of how individuals, businesses, governments, and societies allocate their scarce resources to satisfy their unlimited wants?
    Biology
    Psychology
    History
    Economics
    30s
  • Q3
    What is the term for the resources used to produce goods and services?
    Assets
    Commodities
    Factors of production
    Liabilities
    30s

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