Team 1
0
Team 2
0
Teams
Name
Score
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Loading
15
×
A legal obligation to pay debt.
taxation
shortages
inelastic
liability
Oops!
Show
Check
Okay!
Check
15
×
A business owned by one person.
services
corporation
sole proprietorship
partnership
Oops!
Show
Check
Okay!
Check
15
×
A market in which many companies sell products that are similar but not identical.
pure competition
monopolistic competition
oligopoly
monopoly
Oops!
Show
Check
Okay!
Check
15
×
Sitution in which demand exceeds supply.
resources
monopoly
surplus
shortages
Oops!
Show
Check
Okay!
Check
15
×
The government's role in business that affects production.
deregulation
corporation
regulation
price control
Oops!
Show
Check
Okay!
Check
×
monster
Reset all scores!
Oops!
×
gift
Win 15 points!
Okay!
×
gift
Win 10 points!
Okay!
×
banana
Go to last place!
Oops!
15
×
Demand that does not react to change in price.
taxation
resources
elastic
inelastic
Oops!
Show
Check
Okay!
Check
×
trap
No points!
Oops!
×
gold
Win 50 points!
Okay!
×
gift
Win 25 points!
Okay!
×
baam
Lose 15 points!
Oops!
15
×
The study of the economic behavior of individuals, households, and other small units.
microeconomics
deregulation
disequilibrium
pure competition
Oops!
Show
Check
Okay!
Check
15
×
Money that must be paid to a government.
inelastic
elastic
regulation
taxation
Oops!
Show
Check
Okay!
Check
×
thief
Give points!
5
10
15
20
25
×
star
Double points!
Okay!
×
rocket
Go to first place!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
Physical outputs such as paper and electronics.
surplus
goods
monopoly
resources
Oops!
Show
Check
Okay!
Check
15
×
Factors other than price determine a demand curve shift.
price control
equilibrium
deregulation
determinants
Oops!
Show
Check
Okay!
Check
15
×
A government restriction on the price of a good or service.
price control
corporation
services
deregulation
Oops!
Show
Check
Okay!
Check
15
×
Demand that reacts to change in price.
elastic
inelastic
surplus
taxation
Oops!
Show
Check
Okay!
Check
15
×
A market in which there are many buyers but only one seller
oligopoly
monopoly
pure competition
monopolistic competition
Oops!
Show
Check
Okay!
Check
×
Restart
Review
Join for Free
;
Your experience on this site will be improved by allowing cookies.
Allow cookies
