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BT: Review of 1st MP

Quiz by Caroline Fosbenner

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10 questions
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  • Q1
    Having something to eat every day is a
    want
    good
    service
    need
    30s
  • Q2
    Buying fries with your hamburger is an example of a
    service
    complementary good
    need
    want
    30s
  • Q3
    To make a good decision, the first step is to
    identify choices
    list disadvantages
    list advantages
    define the problem
    30s
  • Q4
    People are
    human resources
    natural resources
    none of these
    capital resources
    30s
  • Q5
    Apples from an orchard are
    capital resources
    good to eat
    human resources
    natural resources
    30s
  • Q6
    The tractor used by a farmer is a
    none of these
    human resource
    capital resource
    natural resource
    30s
  • Q7
    If demand for a product goes up
    price increases
    price decreases
    does not affect price
    Walmart puts it on sale
    30s
  • Q8
    If supply goes up
    Walmart puts it on sale
    price increases
    does not affect price
    price decreases
    30s
  • Q9
    A company that drills for oil is an
    service business
    manufacturer
    extractor
    processor
    30s
  • Q10
    A company that makes potato chips is an
    marketer
    manufacturer
    extractor
    service business
    30s

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