Economics

Economics basics Practice

1. How does scarcity affect producers?
A- Limited costs prevent producers from hiking prices.
B- Limited demand prevents producers from offering low prices.
C- Limited time prevents producers from finding the best employees.
D- Limited resources prevent producers from making unlimited products.

2. Which statement best explains the relationship between economic wants and needs?
A- People do not need to fulfill either their needs or wants to survive.
B-People must fulfill their wants to survive, but they do not need to fulfill their needs to survive.
C- People must fulfill their needs to survive, but they do not need to fulfill their wants to survive
D- People must fulfill both their needs and their wants to survive

I think 1 is A and 2 and C
Help please!!

  1. 👍
  2. 👎
  3. 👁
  1. It is D and C

    1. 👍
    2. 👎
  2. Agree

    1. 👍
    2. 👎
  3. Lesson 11: Economics Basics Unit Review
    Social Studies 8 A Unit 7: Economics Basics

    PRACTICE TEST Answers:

    1. D
    2. C
    3. D
    4. D
    5. C
    6. B
    7. B
    8. D
    9. B
    10. C
    11. A
    12. B

    1. 👍
    2. 👎
  4. correct but Ms. Sue is not fake

    1. 👍
    2. 👎
  5. correct answers

    1. 👍
    2. 👎
  6. 1. D
    2. C
    3. D
    4. D
    5. C
    6. B
    7. B
    8. D
    9. B
    10. C
    11. A
    12. B

    1. 👍
    2. 👎
  7. Aye!

    1. 👍
    2. 👎
  8. My practice has 9 questions. And on number 6 theirs 2 answers on my practice. Somebody please help me.

    1. 👍
    2. 👎
  9. 1d
    2c
    3c
    4d
    5a
    6a d
    7d
    8a b
    9c

    1. 👍
    2. 👎
  10. For the nine questions number 5 is actually b but the rest ☝️☝️ is right

    1. 👍
    2. 👎
  11. ohhhmaaaann!!! THanx guys!

    1. 👍
    2. 👎
  12. HEY WAIT!!! YOUR ANSWERS ARE NOT RIGHT AT ALL!!!!!!!!! I got a 50%!!!!:( I AM GONNA POUND YOU

    1. 👍
    2. 👎
  13. ms sue can u help me i have autism and add

    1. 👍
    2. 👎
  14. d
    d
    a
    b
    c
    d
    d
    c
    b
    b
    d
    b

    1. 👍
    2. 👎
  15. momma d is correct for 7b unit 4 lesson 8, except for 5 it is b not a

    1. 👍
    2. 👎
  16. I dont really care getting lots of dislikes at this point, but we all go to different schools. If you are in Connexus Civics Grade 7 Unit 3 : Economics Basics, these might be the answers. If they are wrong please dislike, thx.

    1. D
    2. D
    3. A
    4. B
    5.C
    6.D
    7.D
    8.C
    9.B
    10.B
    11.D
    12.B

    1. 👍
    2. 👎
  17. I just took the practice and got 5/12 with big chungus answers the real ones are
    D
    C
    D
    D
    C
    B
    B
    D
    B
    C
    A
    B

    1. 👍
    2. 👎
  18. @BIG CHUNGUS YOU ARE WRONG!!!! I GOT 4/12 YOU MEANIE

    it doesnt matter though because it is a practise test lol

    1. 👍
    2. 👎
  19. Hal is still correct, thanks Hal ur always a life saver

    1. 👍
    2. 👎
  20. 1. D- limited resources prevent producers from making unlimited products
    2. C- people must fulfill their needs to survive but they do not need to fulfill their wants...
    3. D- choosing options with the greatest benefits to the people
    4. D- a failing railroad receives assistance from around the country
    5. C- what goods should be produced
    6. B- being named on the school honor roll
    7. B- tax on imports
    8. D- producers want a high quantity of sales
    9. B- they describe prices in relation to each other
    10. C- when buyers search for substitutes
    11. A- strong property rights
    12. B- money would not move through the economy very well.

    1. 👍
    2. 👎
  21. @Your Savior, YOU GAVE ME A FREAKEN 33% YOU THOSE ARENT THE ANSWERS UGH IM SO MAD YOU DESERVE ALL THE DISLIKES IN THE WORLD 😑😑😑😑😠😠😠😠😠😠😠😠😠😠😑 UGH WHY WOULD YOU LIE YOU DUMBO YOU PERSON

    1. 👍
    2. 👎
  22. what are the real answers then? meow (^・ω・^ ).

    1. 👍
    2. 👎
  23. I know them, I just did the test and got a 25% percent ( This is a practice test for connexus, it don't matter )
    D
    D
    A
    B
    C
    D
    D
    C
    B
    B
    D
    B
    I was legit sad that nobody likes to post the actual answers

    1. 👍
    2. 👎
  24. Ey, it's me screech, Just changed my name a bit

    1. 👍
    2. 👎
  25. Hold up, I never changed my name, who the heck are you

    1. 👍
    2. 👎
  26. O.o Well heck

    1. 👍
    2. 👎
  27. Yeah, shoo ya faker

    1. 👍
    2. 👎
  28. get caught

    1. 👍
    2. 👎
  29. UUUUGHHHHH I got a 33% AHHHHHHHHHHHHHHHHHHHHHHHHHH Imm SOOOOOOOOOO ANGRYYYYYYYYY AHHHHHHHHHHHHHHHHH

    1. 👍
    2. 👎
  30. HAL IS RIGHT! ALL THESE OTHER DUDES AR IMPOSTERS!

    1. 👍
    2. 👎
  31. HAL IS RIGHT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. science 7A energy and matter in an ecosystem

    In a food chain, with each feeding relationship, the energy transferred from one organism to another will(1 point) be independent of the level. remain constant. increase. decrease. Food chains normally consist of no more than (1

  2. Science

    Which of the following describes how matter moves between producers, consumers, and decomposers in an ecosystem? one-way flow from producers to consumers to decomposers one-way flow from decomposers to consumers to producer cyclic

  3. Economics

    Which phrase best defines scarcity? A. a state in which productive resources are not enough to create a given good or service B. a state in which human wants are greater than the resources available to fill those wants C. a state

  4. Economics

    How does scarcity affect producers? A.) Limited costs prevent producers from hiking prices. * B.) Limited demand prevents producers from offering low prices. C.) Limited time prevents producers from finding the best employees. D.)

  1. PLEASE HELP QUICK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    1)In a food chain, with each feeding relationship, the energy transferred from one organism to another will(1 point) a)remain constant. b)be independent of the level. c)increase. d)decrease. 2)Food chains normally consist of no

  2. biology

    Why can’t the producers in some ecosystems make an unlimited supply of organic material? Temperatures are too hot for photosynthesis Too many carnivores eat the producers Energy needed to make organic material is lost as heat

  3. S.S.

    which event would benefit to producers rather than toy consumers?

  4. Science, don't leave me hanging plz.

    1. Which of the following describes how matter moves between producers, consumers, and decomposers in an ecosystem? A. one-way flow from producers to consumers to decomposers. B. one-way flow from decomposers to consumers to

  1. Science

    1. Which of the following is true regarding the carbon cycle and food webs? A. Food webs and the carbon cycle are closely related because all living organisms are composed of carbon. B. Food webs and the carbon cycle are closely

  2. Calculus

    The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 144 βˆ’ x^2 where p is measured in dollars and x is measured

  3. english homework

    I have to write a letter....and i kinda suck at writing letters.... A national television station recently broadcast a programme about the town/city where you live. You found the information in the programme badly represented the

  4. MicroEcon

    The market for apple pies in the city is competitive and has the following demand schedule: Price Quantity Demanded $1 1,200 2 1,100 3 1,000 4 900 5 800 6 700 etc... 13 0 Each producer in the market has fixed costs of $9 and the

You can view more similar questions or ask a new question.