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Q 1/11
Score 0
____________________________ represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.
30
sunk costs
Opportunity costs
scarcity
gamble costs
Q 2/11
Score 0
A ___________________________ situation makes you feel worried and nervous. It is nerve-racking!
30
crazy
weird
stressful
great
11 questions
Q.
____________________________ represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.
1
30 sec
Q.
A ___________________________ situation makes you feel worried and nervous. It is nerve-racking!
2
30 sec
Q.
A ______________________ means a reduction in the amount or success of something, such as a country's economic activity.
3
30 sec
Q.
I have the impression that my salary _______________________ every year! I never have enough money to go on vacation...
4
30 sec
Q.
______________________________ refers to money that has already been spent and which cannot be recovered.
5
30 sec
Q.
I hate running, I find it so ____________________!
6
30 sec
Q.
When I was younger, I had no __________________ at all. I didn't like the way I looked.
7
30 sec
Q.
____________________ refers to the basic economic problem, the gap between limited resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible.
8
30 sec
Q.
__________________________ is a term in economics that refers to the total satisfaction received from consuming a good or service.
9
30 sec
Q.
Social media is something that _______________________ your time.
10
30 sec
Q.
If you __________________ ___ _________________________ (3 words), you do something that involves risks that might result in loss of money or failure, hoping to get money or achieve success.