Froggy Jumps ECON GAMEVersión en línea Enjoy the game and learn knowledge por lily li 1 Why study economic as science? a chemical is required b laboratory is nened c data is needed to collect 2 What is the role of firm in markets for goods and service ? a producer b seller c buyer 3 Amy buy a book from the Joint Publishing bookstore, what is the bookstore role? a household b market for factors of production c market for good and service 4 Which is not the opportunity cost of Amy buy the little prince form Joint Publishing bookstore? a $35 dollars of Alice in the wonderland b the time she spend on the bookstore c $35 dollars of the little prince 5 Which type of graph is most suitable for present a monthly expand? a pie chart b bar chart c time-series graph 6 Why do we need different assumption? a To answer different question b To resolve the short-run effects c To collect data 7 What is the role of assumption? a Make it complexed to understand b Can simplify the complex word c Relax our thinking 8 What is the role of economic models? a Built without assumption b Allow us to see what's truly important c Simplify reality to reduce our understanding of it 9 Why do we need graphs and diagrams? a Make ideas interesting b Visually express ideas c Make ideas difficult 10 What is the advantage of Cost-Benifit Analysis a It can cover hidden costs and benefits b It isn't data-driven c It makes decisions simpler