Marketing/Inflation/Profit/Loss

What is inflation

• a balloon

• increase price of goods and service

• A barrier

What is an idea

• an action

• having a thought about doing something

• a plan

What is the initial cost to own a Chick-Fil-A franchise

• $10,000

• $20,000

• $30,000

What is marketing

• sales

• drawing a picture

• promoting and selling your products or services through advertising

The _____________of a product or services is the group of people it is aimed at

• target market

• market leader

• market research

_____________means a celebrity or other well known person publicly supporting the product and appearing in its advertising

• consumer

• property tax

• product endorsement

What is the minimum wage in Florida

• $10.00 per hour

• $11.00 per hour

• $15.00 per hour

What is deflation

• elevation

• decrease in price of goods and services

• rapid increase

What causes inflation

• When good and services are in high demand, creating a drop in availability

• where there is low demand

• when you don't pay attention

What is profit

• a loss

• a financial gain

• a bonus