Quiz
Exchange of Goods & Services Review
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Fragen in diesem Quiz (15)
1Label the consumer and the seller.
- Aconsumer
- Bseller
2A student has a big beef steak, but really wants to eat chicken instead.
A farmer has a lot of chickens, but has been wanting beef steak for a long time.
The student gives the farmer the beef steak and the farmer gives the student a chicken.
What's the best word to describe what they did?- Aresources
- Bexchange
- Cproduction
3Which picture shows a producer?
- Amailman
- Blogs
- CPotter
- Amailman
4There are two types of exchange. What are they? (circle two answers)
- Aexchange of goods & services with a smile.
- Bexchange of goods & services using money.
- CExchange of goods & services with a handshake.
- DExchange of goods & services without using money.
5If goods are too expensive (cost a lot), buyers will buy ____________ of them.
- Amore
- Bless
6Who is the buyer and who is the seller?
- Abuyer
- Bseller
7If sellers don't want to sell goods because the prices are too cheap, there will be a shortage (not a lot) of goods. This will make buyers want to buy at ______________ prices.
- Alower
- Bhigher
- Cthe same
8Choose the best definition for 'expensive':
- Acosts a lot
- Bdoesn't cost a lot
- Ccosts the same as
9A buyer cannot be a consumer.
- ARichtig
- BFalsch
10A producer can also be a seller.
- ARichtig
- BFalsch
11Producers and consumers determine (decide on) the prices.
- ARichtig
- BFalsch
12Production is the process of using productive ___________________ to produce goods & services.
- Alabor
- Bresources
- Cgoods
- Dconsumers
13Choose the best definition for 'cheap':
- Acosts the same as
- Bdoesn't cost a lot
- Ccosts a lot
14Choose the best word for this definition: "Activities carried out to satisfy people's needs."
- Agoods
- Bservices
- Cproducts
15Choose the best word for this definition: "Things bought and sold to satisfy people's needs."
- Aservices
- Bproduction
- Cgoods
Informationen
- Beschreibung
- Review for economics test.
- Autor
- Teacher Scott
- Sprache
- English
- Aufrufe
- 124
- Schlagwörter
- Bewertung
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