Goods and Sevices_1

What is an example of a consumer?

• a farmer who grows corn

• a person who buys books

• an artist who sells paintings

• w worker who fixes trucks

Doctor, writer, and teacher are all PROFESSIONS.

What is a profession?

• a job

• a good

• a need

• a law

Grandpa wants to buy a new camera. What should he do?

• Look at a few stores and compare prices.

• Run to the closest store and buy a camera.

• Buy the camera with the highest price.

• Get the camera that looks the prettiest.

Which provides both goods and services?

• a babysitter

• a bus driver

• a post office

• a family

Which happens LAST?

• The store lowers the prices of notebooks.

• Customers start buying more notebooks.

• Very few people buy the notebooks.

• A store gets a large supply of notebooks.