Economics

does this person provides Goods or Services?

• Goods
• Service

iPhone: Good or Service?

• Goods
• Service

You pay your sister $5 to clean your messy bedroom.

• Good
• Service

You buy a book from a bookstore. You buy a _____.

• Good
• Service

Which is an example of a SERVICE?

• 
• 
• 

Does this person provide a good or a service?

• good
• service

Scarcity means:

• Too much of something you wanted

• The exact amount of something you wanted

• Not enough of something you wanted

5 people WANT an ice-cream, there are 4. is there a scarcity?

• Yes, there is a scarcity.

• No, there is not a scarcity.

2 people want a soccer ball, there are 4. is there a scarcity?

• Yes, there is a scarcity.

• No, there is not a scarcity.

3 people want a candy bar, there are 2. is there a scarcity?

• Yes, there is a scarcity.

• No, there is not a scarcity.