MILLIONAIRE SCOREBOARD

MILLIONAIRE SCOREBOARD $16,000 $1 MILLION $8,000 $4,000 $500,000 $2,000 $250,000 $1,000 $125,000 $500 $64,000 $300 $32,000 $200 Click the $ for questions $100

Jackson chooses to use his $5 to buya Christmas present for his dad instead of buying a book at the book fair. The book fair book is his _______________ • A:Opportunity cost • B:scarcity • C:resource • D:demand Click on the letter of the correct answer $100 Question

INCORRECT! TRY AGAIN!

Correct! SCORE $100 Click on the money bag to return to the scoreboard

So many customers wanted to buythe Wii, the store ran out. There was a _____________ • A:capital resource • B:scarcity • C:decision • D:consumer Click on the letter of the correct answer $200 Question

Which of the following is an example of goods • A:a hair cut • B:an education • C: groceries • D:getting the house cleaned Click on the letter of the correct answer $300 Question

Which of these is a capital resource a greeting card company would use? • A:a barn • B:water • C:writers • D:printing machines Click on the letter of the correct answer $500 Question

Marlo needed a new rake to use in his lawn care business. What type of resource is a rake? • A:natural • B:capital • C:human • D:limited Click on the letter of the correct answer $1,000 Question

Correct! SCORE $1,000 Click on the money bag to return to the scoreboard

Kelly spent $45 on supplies to start her pet grooming business. She collected $65 from her first 5 customers. How much profit has Kelly earned? • A:$20 • B:$45 • C:$65 • D:$110 Click on the letter of the correct answer $2,000 Question

The money we collect when doing business is called ____________. • A:expenses • B:income • C:resources • D:investment Click on the letter of the correct answer $4,000 Question

When the demand for an item increases, the price of the item will likely do what? • A:go up • B:go down • C:stay the same • D:go away Click on the letter of the correct answer $8,000 Question

Which of the following jobs is an example of a service career? • A:builder • B:car maker • C:doctor • D:farmer Click on the letter of the correct answer $16,000 Question

The amount of a good customers are willing to buy is the ________. • A:supply • B:resources • C:capital • D:demand Click on the letter of the correct answer $32,000 Question

Before making an economic decision, you must think about the ___________ . • A:advantages and disadvantages • B:supply and demand • C:income and profit • D:wants and desires Click on the letter of the correct answer $64,000 Question

Profit is found by subtracting the __________ from the income. • A:taxes • B:capital • C: expenses • D:balance Click on the letter of the correct answer $125,000 Question

A person who uses a service or goods is a __________ • A:producer • B:human resource • C:investor • D:consumer Click on the letter of the correct answer $250,000 Question

Carl invested $50 to start his business. He sold $120 worth of goods. How much profit did he make? • A:$50 • B:$70 • C:$120 • D:$100 Click on the letter of the correct answer $500,000 Question

3 types of resources are capital, human, and _________ • A:real • B:conservation • C:natural • D:business Click on the letter of the correct answer $1 Million Question

Correct! SCORE $1 MILION

MILLIONAIRE SCOREBOARD