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Auction Pricing and Buyer Interaction

Auction Pricing and Buyer Interaction

Assessment

Interactive Video

Mathematics, English, Arts, Performing Arts

6th - 8th Grade

Practice Problem

Hard

Created by

Emma Peterson

FREE Resource

The transcript describes an auction where a boy is being sold. It starts with an introduction to the sale, followed by a detailed breakdown of the pricing in guineas and pennies. The auction process is described, including bidding and final sale. The transcript concludes with remarks on the boy's qualities.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial price mentioned for the boy?

Twenty guineas

Forty guineas

Fifty guineas

Thirty-seven guineas

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the price of one thousand pennies calculated in terms of pounds?

Five pounds

Four pounds three and four

Six pounds

Three pounds ten

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the final price agreed upon for the boy?

Two pounds

Five pounds

Four pounds

Three pounds ten shillings

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the seller's attitude towards the boy's greediness?

He insists the boy is greedy

He cannot say the boy is greedy

He praises the boy's generosity

He is indifferent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the seller invite potential buyers to do at the end?

Take a peek at the boy

Ask questions about the boy

Leave the auction

Make a higher bid

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