Cost and Benefit

Cost and Benefit

4th Grade

9 Qs

quiz-placeholder

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Cost and Benefit

Cost and Benefit

Assessment

Quiz

Social Studies

4th Grade

Medium

Used 23+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Marco is deciding whether to bake blueberry muffins or cornbread muffins. He wants the muffins to be tasty. But he also wants to make a lot of muffins.


Suppose Marco decides to bake blueberry muffins. Which result would be a cost?

Marco will give up some muffins. He could have made more cornbread muffins than blueberry muffins.

Marco will get to eat blueberry muffins. He thinks blueberry muffins are tastier than cornbread muffins.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jill is deciding whether to make beef barley soup or minestrone soup for dinner. She wants dinner to be as tasty as possible. But she is also hungry and wants to eat soon.


Suppose Jill decides to make minestrone soup. Which result would be a cost?

Jill will give up the chance to eat the beef barley soup, which would have been tastier than the minestrone soup.

Jill will save some time. The beef barley soup would have taken longer to make the minestrone soup.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Perry is deciding whether to watch a comedy or an action movie. He would prefer to watch a comedy. But he also wants to watch a movie with his sister. Perry's sister will only watch an action movie.


Suppose Perry decides to watch the action movie. Which result would be a cost?

Perry will get to watch a movie with his sister.

Perry will give up the chance to watch the movie that he is more excited about.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Abby is deciding whether to take a trip to Oregon or Indiana. She wants to enjoy her trip. But she is also trying to save money.


Suppose Abby decides to take a trip to Oregon. Which result would be a benefit?

Abbey will spend more money. Plane tickets for Abby to get to Oregon are more expensive than tickets to Indiana.

Abby will enjoy her trip to Oregon more than she would have enjoyed a trip to Indiana.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lola is deciding whether to go as a skeleton or a pirate to a costume party. She would rather go as a skeleton. But she already has a pirate costume.


Suppose Lola decides to go as a pirate. Which result would be a benefit?

Lola will give up the chance to wear the costume she is more excited about.

Lola will save some time and money. She won't have to go out and get a new costume.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tristan is deciding whether to see the polar bears or the gazelles at the zoo. He wants to see lots of animals, but the zoo is closing soon.


Suppose Tristan decides to see the polar bears. Which result would be a benefit?

Tristan will spend more time walking to the polar bears. They are on the other side of the zoo, but the gazelles are close by.

Tristan will enjoy seeing the polar bears more than he would have enjoyed seeing the gazelles.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nate and his friends are deciding whether to make powdered donuts or strawberry pies for a bake sale. The money they make will go towards helping local families buy school supplies. But they will also use the money to pay themselves back for the baking ingredients. They want to raise as much money as possible.


Suppose they decide to make powdered donuts.


They will not be able to sell pies. They will raise less money for each donut than they would have for each pie.

Is this a cost of benefit?

Cost

Benefit

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nate and his friends are deciding whether to make powdered donuts or strawberry pies for a bake sale. The money they make will go towards helping local families buy school supplies. But they will also use the money to pay themselves back for the baking ingredients. They want to raise as much money as possible.


Suppose they decide to make powdered donuts.


They can make more donuts than pies. So, they will have more goods to sell.


Is this a cost of benefit?

cost

benefit

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nate and his friends are deciding whether to make powdered donuts or strawberry pies for a bake sale. The money they make will go towards helping local families buy school supplies. But they will also use the money to pay themselves back for the baking ingredients. They want to raise as much money as possible.


Suppose they decide to make powdered donuts.


They will save money on ingredients. Ingredients for donuts are cheaper than for the pies.


Is this a cost or benefit?

cost

benefit