Microeconomics Quick Quiz

Test

Parties jouées 1

Créer une copie

À propos de cette activité

Key terms and concepts practice

Créé par

Ben

United States

Téléchargez la version pour jouer sur papier

Top 10 résultats

#	Jeux	Précision	temps
1	Ben 31 Mars 2026	% 50	24:59

Voulez-vous apparaître dans le Top 10 de ce jeu? Connectez-vous pour vous identifier.

Créez votre propre jeu gratuite à partir de notre créateur de jeu

Affrontez vos amis pour voir qui obtient le meilleur score dans ce jeu

Créer un défi

Practice Quiz - Punnett Square, Variation, and Mutations

Benjamin D Morgan

United States

(14)

Practice Quiz - Punnett Square, Variation, and Mutations
Tissues - Practice Quiz

Benjamin D Morgan

United States

(16)

Tissues - Practice Quiz
UPS 5 Seeing Habits Quiz

Heather Bell

United States

(12)

Test your knowledge about the 5 seeing habits discussed in the text 'UPS 5 seeing habits'.
Photosynthesis vs Cellular Respiration - Practice Quiz

Benjamin D Morgan

United States

(39)

Photosynthesis vs Cellular Respiration - Practice Quiz
Spanish Alphabet Listening

Falkenberg Falkenberg

United States

(88)

Spanish alphabet, listening-based assessment

		%
	Anonyme	%
		%
		%

Imprimez votre jeu

Microeconomics Quick Quiz


Microeconomics Quick QuizVersion en ligne Key terms and concepts practice par Ben 1 What is the marginal product of labor? a The change in total cost when hiring workers b The extra output from adding one more unit of labor c Total output per period d The average product of labor 2 How do diminishing marginal returns happen? a All inputs are variable and unlimited b Total output increases at an increasing rate c Each additional unit of input adds less output due to fixed factors d Labor becomes more productive over time 3 On an equilibrium graph, when does a shortage occur? a When there is a surplus of goods b When price equals equilibrium price c When quantity supplied exceeds demand d When quantity demanded exceeds quantity supplied at a price below equilibrium 4 What is a price floor? a A minimum price set below equilibrium b A minimum price set above equilibrium causing surplus c A neutral price with no effect on market d A maximum price set above equilibrium 5 What is a price ceiling? a A fixed price equal to equilibrium b A maximum price set below equilibrium causing shortage c A price with no effect on quantity d A minimum price set above equilibrium 6 What is marginal revenue? a Revenue lost from discounting a product b Extra revenue from selling one more unit c Total revenue divided by quantity d Average revenue per unit 7 What are substitutes in consumer choice? a Goods that can replace each other in consumption b Goods that only affect supply curves c Goods that must be consumed together d Goods with no relation to one another 8 What are normal goods vs inferior goods? a Normal: demand falls with income; Inferior: demand rises with income b Normal: demand rises with income; inferior: demand falls with income c Normal: always consumed; Inferior: never purchased d Normal: poor quality; Inferior: high quality 9 What is total revenue (TR)? a TR = Price + Quantity b TR = Profit × Quantity sold c TR = Cost of production ÷ quantity d TR = Price × Quantity sold 10 What is an excise tax effect in microeconomics? a Tax on a specific good that shifts supply left and raises price b Tax that increases supply without changing price c Tax on all goods equally d Tax that only affects demand Feedback 1 The marginal product of labor is the additional quantity produced by one more unit of labor. 2 Diminishing returns occur when additional inputs yield progressively smaller gains because some inputs are fixed. 3 A shortage happens below the equilibrium price where demand is greater than supply. 4 Price floors create surplus because producers receive a price higher than market-clearing level. 5 Price ceilings reduce suppliers' incentive to produce, creating a shortage. 6 Marginal revenue is the additional revenue from the next unit sold. 7 Substitutes are two goods where an increase in the price of one raises demand for the other. 8 Normal goods increase in demand as income rises; inferior goods decrease with higher income. 9 Total revenue is simply price times the quantity sold. 10 Excise taxes raise the cost of a specific good, reducing supply and often raising price.

Vous pouvez intégrer le jeu dans un LMS compatible avec LTI 1.1 ou LTI 1.3 comme Canvas, Moodle ou Blackboard. Les scores seront ainsi automatiquement enregistrés dans le carnet de notes de la plateforme.

Microeconomics Quick Quiz

Test

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

Top Jeux

Test

Practice Quiz - Punnett Square, Variation, and Mutations

Test

Tissues - Practice Quiz

Test

UPS 5 Seeing Habits Quiz

Test

Photosynthesis vs Cellular Respiration - Practice Quiz

Test

Spanish Alphabet Listening

Microeconomics Quick QuizVersion en ligne

par Ben

What is the marginal product of labor?

How do diminishing marginal returns happen?

On an equilibrium graph, when does a shortage occur?

What is a price floor?

What is a price ceiling?

What is marginal revenue?

What are substitutes in consumer choice?

What are normal goods vs inferior goods?

What is total revenue (TR)?

What is an excise tax effect in microeconomics?

Feedback