Edit Game
Chapter 7 Lessons 1-3
 Delete

Use commas to add multiple tags

 Private  Unlisted  Public



 Save


Get beautiful free images


Delimiter between question and answer:

Tips:

  • No column headers.
  • Each line maps to a question.
  • If the delimiter is used in a question, the question should be surrounded by double quotes: "My, question","My, answer"
  • The first answer in the multiple choice question must be the correct answer.

 Import questions


Get beautiful free images






 Save   20  Close
If the supply of footballs is low, would the price be high or low?
Price will be high
If there is low demand for a marker, would the price be high or low?
Price will be low
In June, more hens were able to lay eggs. Was the supply of eggs higher or lower than normal?
Higher
In May, less people than normal wanted to buy eggs . Was the demand for eggs higher or lower than normal?
Lower
What happens when the supply of something goes down?
The price goes up.
What are the 3 resources that businesses need to produce goods?
Human resources, natural resources, capital resources
List 3 needs and 3 wants.
Needs: healthy food, water, clothes, shelter. Wants: Basketball, toys, games
An ________________ is to send products and resources from one country to another country.
export
An ______________ is to bring products and resources into one country from another.
import
The ________________ is the amount of goods and services that people want and can buy.
demand
The _____________ is the amount of goods or services that people can sell.
supply
A _______________ is the money that businesses have left after their costs are paid.
profit
A _________________ is a person who spends money to buy things he or she needs or wants.
consumer
A _________________ is a person who makes a product or provides a service.
producer
A __________________ is work that one person does for another.
service
________________ are things that people make or grow and then sell.
Goods
When there is __________________, there is a lot of something.
abundance
There is ________________, when there is not enough of something to meet people's needs and wants.
scarcity
_________________ are things you would like to have but do not need.
Wants
_________________ are things you must have to live.
Needs


Get beautiful free images

Your experience on this site will be improved by allowing cookies.