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Name: ___________________________________
Date: ___________________________________
Econ Chapter 5: Section 3-4 Quiz
Created by jrogers
Instructions:
-
1.
regulation
-
2.
technology
-
3.
input cost
-
4.
labor productivity
-
a.
a set of rules or laws desgined to control business behavior
-
b.
entails applying scientific methods and innovations to production
-
c.
the maount of goods and services that a person can produce in a given time
-
d.
are the price of the resources used to make products
Name: ___________________________________
Date: ___________________________________
Econ Chapter 5: Section 3-4 Quiz
(Answer Key)
Created by jrogers
Instructions:
-
a
1.
regulation
-
b
2.
technology
-
d
3.
input cost
-
c
4.
labor productivity
-
a.
a set of rules or laws desgined to control business behavior
-
b.
entails applying scientific methods and innovations to production
-
c.
the maount of goods and services that a person can produce in a given time
-
d.
are the price of the resources used to make products