Choices in a Free Market
Authored by Jackie Callahan
Other Sciences, History
3rd Grade
Used 120+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total amount of a good or service that is available to buy is called
demand
incentive
profit
supply
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A(n) ______________is something that leads a person to make a certain choice.
demand
incentive
profit
supply
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total amount of a good or service that customers will buy at all prices is called
demand
incentive
profit
supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money earned by a business after costs are removed is called
demand
incentive
profit
supply
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following people is earning money by providing a service?
Anthony grows fruit to sell
Laura sews stuffed animals
Carl sells lemonade he makes
Marie teaches a third grade class
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following will increase the profit at a lemonade stand?
using cheaper lemons
using more ingredients
selling during cold weather
giving glasses away for free
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At Georgia's fruit stand, she sells apples. The __________ of apples is how many she has to sell.
buyer
demand
seller
supply
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