
Business Intro
Authored by Danielle Jackson
Business
7th Grade

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a service provided by a business?
Selling groceries
Offering phone plans
Building roads
Teaching in schools
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the revenue is $100 and the costs are $40, what is the profit?
$60
$140
$40
$100
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the example given, what is the cost of supplies?
$10
$6
$4
$0
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might more ice cream trucks come out on hot days?
Because people want less ice cream
Because people will pay more
Because ice cream is cheaper
Because there is less demand
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which scenario best illustrates the concept of supply?
A store reducing prices to clear stock
A factory producing more goods due to high demand
A seller increasing production because prices are high
A buyer purchasing more because prices are low
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example given for increased demand due to lower prices?
More people buy video games when they're on sale
More people buy cars when they're expensive
More people buy clothes when they're not on sale
More people buy food when prices rise
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the game controller icon in the diagram represent?
Demand for video games
Demand for electronics
Demand for toys
Demand for sports equipment
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
12 questions
Short-run and Long-run: Theory of Costs 2
Quiz
•
6th - 12th Grade
13 questions
Component 3 - Financial Records Topic 2
Quiz
•
1st - 12th Grade
10 questions
Budgeting: 101
Quiz
•
7th Grade
10 questions
Requirements of a CV
Quiz
•
5th - 7th Grade
10 questions
Money Money Money - Earnings, Saving and Interest
Quiz
•
6th - 9th Grade
10 questions
IBM CH1-Quiz
Quiz
•
4th Grade - University
10 questions
Employability Skills
Quiz
•
6th - 8th Grade
11 questions
Business objectives and stakeholder objectives
Quiz
•
7th - 9th Grade
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade