EPP

EPP

6th Grade

15 Qs

quiz-placeholder

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Supply & Demand Review

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EPP

EPP

Assessment

Quiz

Other

6th Grade

Medium

Created by

Kevin Bunagan

Used 104+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

You want to make a simple product. What is the first step or guide in

making simple product?

Advertise your product

Create the product

Decided what materials to use

Design your product

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Princess lost her job. She needs to have a new source of income.

What is one of the unique products that she could easily sell to her

community?

Home-made Bangus Sardines.

Flower made from old magazine.

Vase made from pet bottle.

Wall décor made from plastic spoons.

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Lea is very creative. She can make a beautiful basket out of old

newspaper and sells it online. What do you call the item that she made

or assembled that other people are willing to buy?

Buyer

Demand

Money

Product

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This refers to the part of the price that covers the product. It is the

amount paid for the merchandise.

Capital or Cost of product

Gross Sales

Labor cost

Net profit

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Ms. Lopez will start a food cart business in front of the school. She will sell

turon. What are the ingredients that she needs to prepare?

Ground pork, salt, pepper, and onions

Grated cassava, sugar, and eggs

Lumpia wrapper, sugar, banana, and oil

Powdered milk, evaporated milk, and butter

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

To ensure that your product can be sold, what will you do so that

you will know the needs of the people in the neighborhood?

Budget your capital

Buy goods that are not in demand

Conduct a survey

Give more samples of your goods

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

As young entrepreneurs, you should know how to be good buyers. If you

plan to have a small business, how do you rate a food product?

Appearance and price

Manufacturer and quality

Nutritional value and price

Price and brand

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