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- 1. Multiple Choice
People who make goods or provide a service
consumers
needs
producers
- 2. Multiple Choice
Things that we have to have
barters
needs
wants
- 3. Multiple Choice
Something that someone does for you
service
want
good
- 4. Multiple Choice
To trade something you have for something else
supply
economics
barter
- 5. Multiple Choice
Someone who buys goods
consumer
producer
demand
- 6. Multiple Choice
Something that you would like to have
producer
good
want
- 7. Multiple Choice
Something that you use or can hold in your hand
good
service
need
- 8. Multiple Choice
The study of making, buying, and selling goods or services
economics
producer
want
- 9. Multiple Choice
If an item is not selling at a store, what should the owner do?
stop selling the item
lower the price
raise the price
- 10. Multiple Choice
Which of the following are goods? Choose all that are correct.
video game
haircut
dog toy
ice cream
- 11. Multiple Choice
Which of these are services? Choose all that are correct.
mowing a lawn
teaching
entertaining
books
- 12. Multiple Choice
Which of these are basic economic needs? Choose all that are correct.
clothing
food
shelter
X Box One
- 13. Multiple Choice
Which of these are wants?
X Box One
Food
Swimming Pool
Scooter
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