JA BizTown

JA BizTown

Assessment

Flashcard

Social Studies

6th Grade

Hard

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35 questions

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1.

FLASHCARD QUESTION

Front

prices for products that are popular often will ___

Back

be priced higher

2.

FLASHCARD QUESTION

Front

What is the term for the revenue left over after paying business costs?

Back

profit

3.

FLASHCARD QUESTION

Front

Charging more for an item guarantees a higher profit

Back

False

4.

FLASHCARD QUESTION

Front

A quality business follows a model of best practices

Back

True

5.

FLASHCARD QUESTION

Front

Good advertising only tells people what they want to hear about a product. True or False?

Back

False

6.

FLASHCARD QUESTION

Front

Net pay is the amount of money a worker receives from an employer

Back

True

7.

FLASHCARD QUESTION

Front

The money a business collects from sales is called a

Back

revenue

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