describe the relationship between the availability or scarcity of resources and how that impacts cost
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Q 1/5
Score 0
Bad weather destroyed most of the peaches on the peach trees in an orchard. This will have an effect on the price of the remaining peaches. Which statement best describes the effect on the price?
60
The price will likely increase, because there are fewer peaches available to buy.
The price will likely decrease, because there are fewer peaches available to buy
The price will likely increase, because there are more peaches available to buy
The price will likely decrease, because there are more peaches available to buy.
Q 2/5
Score 0
Ivan is saving for a new soccer ball. He earned $5 for raking his grandfather’s yard. On his way home, Ivan should stop at the sweet shop to spend his money?
60
false
true
5 questions
Q.
Bad weather destroyed most of the peaches on the peach trees in an orchard. This will have an effect on the price of the remaining peaches. Which statement best describes the effect on the price?
1
60 sec
3.9.B: Personal Financial Literacy
Q.
Ivan is saving for a new soccer ball. He earned $5 for raking his grandfather’s yard. On his way home, Ivan should stop at the sweet shop to spend his money?
2
60 sec
3.9.B: Personal Financial Literacy
Q.
Ellie is saving for ice skates. She received $15 on her birthday, would you advise she deposits $15 in her piggy bank?
3
60 sec
3.9.B: Personal Financial Literacy
Q.
Adam's mom is saving for the family’s summer vacation. She compares the prices at various shops and discount stores, is this a good way to save money?
4
60 sec
3.9.B: Personal Financial Literacy
Q.
Sofia has a summer job working as a waitress. She put $50 from her earnings in her pocket on Monday. Five days later she had no money left and she did not know how she spent the money. Is this an efficient way to save money?
