Basic Economic Concepts online Test

The study of economics applies to


The economist's assumption that consumers make choices in a way consistent with maximizing their satisfaction is called


John earns $8 per hour at the convenience store during the morning. He also works evenings at the video store for $9 per hour. He is considering taking a morning course that meets for three hours per week. If he were to enroll in that course, his weekly opportunity cost is


Which is an example of a question economics analyzes?


Applied economists










Description:

applied economics--not merely theory and graphs!

Tags:

economics

Comments
anique
By: anique
420 days 9 hours 20 minutes ago

is it possible to get more tests like these, but with more challenging questions?

anique
By: flysome
420 days 8 hours 20 minutes ago

of course. but the platform is a pain in the neck--designing a questionnaire is an exercise in online red tape!

i will try posting some in the future

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