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Social Science Building Blocks in Economics: The Problem of Choice Class 9 MCQ and Assertion Questions

Short Quiz · Class 9 · Social Science · CBSE

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Chapter 8 - Building Blocks in Economics: The Problem of Choice | 5 questions | about 4 minutes

Practise Building Blocks in Economics: The Problem of Choice Class 9 with Teachoo's Short Quiz (Class 9 · Social Science · CBSE). Practise these questions in a free interactive quiz with answer feedback.

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Question 1 of 5
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Question 1 of 5
How do economies, made up of producers and consumers, have to make choices, according to the chapter?
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Question 2 of 5
This is the thing that is not essential for survival, but improves a person's quality of life, such as a vacation or a gadget. Which concept is being described?
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Question 3 of 5
In the chapter's example, what is the opportunity cost of a farmer choosing to grow more barley on the same land?
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Question 4 of 5
Why does the problem of choice arise, according to the chapter?
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Question 5 of 5
Arrange the following in the correct order, as the chapter's bicycle example shows how a person's wants change over time:
I. The person wants a car
II. The person has a bicycle
III. The person wants a bike
IV. The person has a bike
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