Name: ___________________________________
Date: ___________________________________

Econ Chapter 5: Section 3-4 Quiz

Created by jrogers

  • 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
Answer Key
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Name: ___________________________________
Date: ___________________________________

Econ Chapter 5: Section 3-4 Quiz (Answer Key)

Created by jrogers

  • 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

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