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10 questions
(Choose Two)
You want to buy a toy at the store, this is an example of _________________.
supply
demand
goods
services
Supply is something that someone _________________.
wants
has
needs
likes
When many people want a good or service the demand is _____________.
high
low
normal
zero
A consumer is someone who ______________.
buys something
sells something
trades something
steals something
A demand is something you __________.
need
want
like
sell
Demand is ___________ when few people want a good or service.
zero
high
low
middle
What is something that is a good that is in LOW demand in the summer?
Ice Skates
Surfboard
Sunscreen
Sandals
What is a service that would be in LOW demand in the summer?
Lifeguard
Gardener
Street Sweeper
Snow Plower
What is a good that is in HIGH demand in the summer?
snow boots
coat
sunscreen
gloves
What service would be HIGH in the summer?
policeman
Ice cream truck
snow removal
mechanic
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