Services/Goods
Demands
Money
100

A item that is grown or made for the purpose to be sold is a 

A. Good

B. Service 

C.  Wants

A. Good

100

What is demand? 

A. how much people want or need to buy something

B. the items on store shelves 

C. something you have to buy

A. how much people want or need to buy something

100

To keep money instead of spending it

A. Sell

B. Buy

C. Save

C. Save

200

A T-shirtis a _________.

A. supply 

B. service 

C. good  

C. good  

200

How do you know demand for muffins is high during the bake sale? 

A. More people have bought muffins.

B. No one has bought muffins. 

C. People cannot eat muffins

A. More people have bought muffins.

200

When goods or services cost less than they usually do

A. Sale

B. Service 

C. Buy

A. Sale

300

Something a person or business does for someone else is a 

A. Good

B. Service

C. Need 

B. Service

300

Max ran out of Muffins in the first hour How can Max increase the muffin supply? 

A. eat the muffins 

B. bake more muffins

C. buy more cookies

 

B. bake more muffins

300

How does a sale change the price of the shirt? 

a. The sale makes the blue shirt free.

b. The sale lowers the price of the red shirt.

c. The sale increases the price of the blue shirt.

b. The sale lowers the price of the red shirt.

400

Something you would like to have but do not need

A. Good

B. Service 

C. Want

C. Want

400

The amount of money a good or service cost is 

A. Need

B. Sale

C. Price

C. Price

400

Red Shirt is $10.00 

Blue Shirt is $10.00 But on sale for 50% off

What shirt is cheaper?

A. Red Shirt
B. Blue Shirt

B. Blue Shirt

500

Which is a service? 

A. cutting hair

B.  dress 

C. movie

A. cutting hair

500

Coins and bills use to pay for things 

A. Cash

B. Credit Card

C. Check 

A. Cash

500

Tianna goes to the hairdresser to get a haircut. A haircut costs $10.00 with tax. She pays $13.00. Why does she pay more than $10.00? 

a. She bought a cheeseburger. 

b. She doesn’t have $10.00. 

c. She gives her hairdresser a tip.

c. She gives her hairdresser a tip.

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