What should you do when you walk into Mrs. Ford's classroom?

Stop, look at the front board and follow instructions.

If you need to leave the room or ask a question, what should you do in Mrs. Ford's class?

Raise my hand and wait to be called upon to speak.

You go to the movies instead of studying for a test. The opportunity cost of the movie is...

The potential grade on my test.

When class ends, what procedure should you follow in Mrs. Ford's classroom.

Wait to be dismissed and turn in any work on the table.

When there are limited resources.

If there is a fire drill during Mrs. Ford's class, what should you do?

Exit to the left door and sign in with Mrs. Ford

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Basics of Economics

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Basics of Economics including scarcity, opportunity cost and incentives

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Questions 14

Answers

1
What is Opportunity Cost?
The value of the next best opportunity.
All of these.
The value of the next best choice.
The cost of what I gave up to get what I wanted.
2
What should you do when you walk into Mrs. Ford's classroom?
Stop, look at the front board and follow instructions.
Show up 2 minutes late and run-in the room.
Immediately text all of my friends.
Walk directly to my chair.
3
When turning in my notebook, what should I do?
Pass it forward
Throw it in the trash
Put it under my desk
Ask Mrs. Ford to turn it in
4
If you need to leave the room or ask a question, what should you do in Mrs. Ford's class?
Shout out my needs loudly.
Yell at Mrs. Ford.
Raise my hand and wait to be called upon to speak.
Just do it...no problem...Mrs. Ford is chill.
5
You get to pick out a trophy in Mrs. Ford's class for doing something great. This is....
scarcity
economics
an incentive
crazy behavior
6
You go to the movies instead of studying for a test. The opportunity cost of the movie is...
Graduating High School
Time with my friends.
The potential grade on my test.
It depends on how much I liked the movie.
7
When class ends, what procedure should you follow in Mrs. Ford's classroom.
Push people out of the way and run out.
Start to line up at the door before the bell rings.
Wait to be dismissed and turn in any work on the table.
Get on my phone.
8
What is Scarcity?
When you are hungry.
When you travel to space.
When there are limited resources.
When you are broke.
9
You take a job instead of playing on a sports team, what is the opportunity cost of the job?
Gas money
Playing on the sports team
My paycheck from my job
Time away from my family
10
Complete this phrase: "Time is............"
Endless
A way to understand the world
Without Limits
Money
11
If you need a supply in Mrs. Ford's class what should you do?
Get up and get it.
Raise my hand and ask.
Laugh and talk with my friends.
Yell at Mrs. Ford.
12
Which of these is an example of a scarce resource?
Money
Time
All of these
Gas/Oil
13
There is no such thing as an unlimited resource. This is called....
Global Warming
Opportunity Cost
Incentive
Scarcity
14
If there is a fire drill during Mrs. Ford's class, what should you do?
Exit to the left door and sign in with Mrs. Ford
Scream and hide
Leave campus and never return
Run out and go find all of my friends.

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