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Chapter 9 Review Social Studies

Quiz by Jennifer Limpert

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10 questions
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  • Q1
    A(n) ____________________ is something that leads a person to make a certain choice.
    incentive
    profit
    demand
    supply
    30s
  • Q2
    The total number of a good or service that is available to buy is called______________.
    supply
    profit
    demand
    incentive
    30s
  • Q3
    The total amount of a good or service that customers will buy at all prices is called __________.
    demand
    profit
    supply
    incentive
    30s
  • Q4
    The amount of money earned by a business after costs are removed is called __________.
    profit
    incentive
    demand
    supply
    30s
  • Q5
    Which of the following people is earning money by providing a service?
    Anthony grows fruit to sell.
    Carl sells lemonade he makes.
    Laura sews stuffed animals.
    Maria teaches a third grade class.
    30s
  • Q6
    Which of the following will increase the profit at a lemonade stand?
    giving glasses away for free
    using more ingredients
    using cheaper lemonade
    selling during cold weather
    30s
  • Q7
    Katie sells oranges at her stand. The _______ of apples is how many she has to sell.
    buyer
    seller
    demand
    supply
    30s
  • Q8
    A professional athlete is seen drinking a new sports drink. Now many people want to drink that sports drink. What will happen to the price?
    It will go down
    It will go up
    30s
  • Q9
    There was a bad hurricane killing off the supply of grapes in California. What will happen to the price of grapes?
    It will go up
    It will go down
    30s
  • Q10
    It's the hottest day of summer and I want to see lemonade. What should I do to the price of my lemonade today?
    Make it go up
    I don't know
    Give it away for free
    Make it go down
    30s

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