M2 - Economics Quiz | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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Team 2
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What is a distribution channel?

The paths that products and services take on their way from the manufacturer or service provider to the end consumer.

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seesaw

Swap points!

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magnet

Take 15 points!

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shark

Other team loses 5 points!

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lifesaver

Give 25 points!

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What is revenue?

All the money a company takes for doing what it does.

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What does it mean to go bankrupt?

When a person is completely out of money or when a company is unable to pay its debits and a court decides all its assets will be sold to pay the creditors.

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The break-even point is...

the point where the revenue exactly matches the cost of the business

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What is income?

It's the money or financial benefit you gain, especially from an investment.

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trap

No points!

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gift

Win 25 points!

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fairy

Take points!

thief

Give points!

What is retail price?

The final price for consumers.

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What is profit?

Is your revenue minus the cost of operation

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thief

Give points!

rocket

Go to first place!

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rocket

Go to first place!

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baam

Lose 20 points!

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What is crowdfunding?

It's a process of raising money online.

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What is down payment?

It is the initial partial payment that is followed by installments you will then pay monthly.

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What is tax return?

The completion of documentation that calculates an entity’s or individual's income earned and the amount of taxes to be paid to the government or the refund.

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