Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define scarcity in your own words.
💡 Hint: Think about the relationship between wants and resources.
Question 2
Easy
What is demand?
💡 Hint: Consider how demand changes with price fluctuations.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does scarcity force consumers to make?
💡 Hint: Remember the relationship between resources and wants.
Question 2
True or False: The Law of Demand states that higher prices decrease the quantity demanded.
💡 Hint: Consider how you respond to price changes when shopping.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Analyze the effects of a subsidy on a product. How would this shift the supply curve? What impact would this have on equilibrium price and quantity?
💡 Hint: Think about how subsidies incentivize producers to create more.
Question 2
Consider an industry experiencing negative externalities like pollution. Propose a solution that the government could implement and explain how it addresses the market failure.
💡 Hint: Think about how financial incentives can shape behavior in markets.
Challenge and get performance evaluation