Rando
Opportunity Cost
Demand Shifters
Supply Shifters
Climate Change
100
This is what you call your mom's brother's father.
What is your grandfather?
100
What is the name of the value of the thing you did NOT choose?
Opportunity Cost
100
It's 2025 and Labubus have suddenly become wildly popular. What happens to the market for Labubus?
Increase in Demand (which raises the Price). Factor: Change in Consumer Tastes and Preferences.
100
A tornado destroys a car factory in Atlanta. How does this affect the market for cars? What factor is shifting the curve?
Decrease in Supply of cars (which raises the Price). Factor: Natural Disaster.
100
What is the biggest cause of Climate Change?
Burning fossil fuels (which releases CO2 into the atmosphere).
200
The points value of a touchdown in American football.
What is 6?
200
Name one opportunity cost of being in class for 40 minutes.
-sleeping for 40 minutes
-working for 40 minutes
-exercising for 40 minutes
-etc.
200
It's June, and the 4th of July is only a month away. How does this affect the market for fireworks? What factor is shifting the curve?
Increase in Demand of fireworks (which raises the Price). Factor: Consumer Expectations of the Future.
200
Thinking of shoes, what are "Inputs?"
-Rubber
-Leather
-Labor
-Sewing machines
-etc.
200
What is plastic made of?
Petroleum (oil).
300
The number of players on the field in a standard soccer game (also called "football").
What is 11?
300
What is one Opportunity Cost of spending $2million on a hospital?
-Spending $2million on an apartment building
-Spending $2million on a school
-Spending $2million on a military base
-etc.
300
It's January 2026 and Minimum Wage was just increased to $16.00/hr. What happens to the market for generic, Tops store-brand "Toasty Sweet Cinnamon Squares?"
Decrease in Demand (which lowers the Price). Because generic, store-brand cereal is an "Inferior Good," people will buy less of it and more of the name-brand "Normal Good."
300
A Lake Shore graduate starts their own business manufacturing shoes. How does this affect the market for shoes? What factor is shifting the curve?
Increase in Supply of shoes (which lowers the price). Factor: Change in Number of Sellers.
300
What is the "target warming?" (In other words, we should keep Global Warming BELOW what increase in temperature?)
Note- usually measured in Celsius.
2 degrees Celsius.
400
This is the technical term for a group of cats.
What is a "clowder?"
400
What is the capital of Pennsylvania?
Harrisburg.
400
It's the Monday BEFORE Black Friday. What happens to the demand for most products?
Decrease in Demand (which lowers the Price). Factor: Consumer Expectations of the Future.
400
The government subsidizes lithium battery factories. How does this affect the market for lithium batteries? What factor is shifting the curve?
Increase in Supply (which lowers the Price). Factor: Government Policy, Subsidy.
400
What is the number of players in a standard game of cricket?
11 per team (22 total)
500
Name TWO bones in the human head.
Frontal, Parietal, Temporal, Occipital, Nasal, Zygomatic, Maxilla, TOOTH, Mandible,
500
What is the Opportunity Cost of working a summer job instead of going on a long vacation with your friends?
Going on a long vacation with your friends (it's the thing you didn't choose).
500
What is a group of Gnarwals called?
A pod.
500
It's 2026 and the Iran War has cut off supply of oil coming from the Middle East. How does this affect the market for gasoline (made from oil?)
Decrease in Supply of gasoline (which raises the Price). Factor: Natural Disaster/International Events.
500
Name THREE Sectors that contribute to Climate Change. (human activities)
-Manufacturing (30%)
-Electricity Generation (26%)
-Agriculture (20%)
-Transportation (16%)
-HVAC (7%)