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WorksheetsSupply and Demand
Total questions: 18
Worksheet time: 8mins
Name
Class
Date
1.
Tools we use to make products
a)
capital resources
b)
human resources
c)
natural resources
d)
entrepreneurs
2.
A person who buys goods and services
a)
consumer
b)
entrepreneur
c)
resource
d)
currency
3.
The using up of a resource
a)
scarcity
b)
supply
c)
services
d)
consumption
4.
another word for money
a)
barter
b)
economics
c)
currency
d)
price
5.
How much people want something
a)
supply
b)
demand
6.
The making, buying and selling of goods and services
a)
economics
b)
inflation
c)
market
d)
barter
7.
Individuals who come up with a new idea for a good or service, then they make it a reality
a)
resource
b)
human resources
c)
consumer
d)
entrepreneur
8.
Something we pay for that we can touch
a)
goods
b)
services
9.
People who work to make goods or provide services
a)
human resources
b)
capital resources
c)
natural resources
d)
entrepreneurs
10.
A general increase in prices
a)
price
b)
inflation
c)
scarcity
d)
demand
11.
The place where goods and services are exchanged
a)
barter
b)
currency
c)
market
d)
resource
12.
Something we use from nature
a)
natural resource
b)
human resource
c)
capital resource
d)
entrepreneur
13.
The amount of money we pay for a good or service
a)
currency
b)
price
c)
inflation
d)
economics
14.
Something we use
a)
resource
b)
scarcity
c)
demand
d)
supply
15.
The idea that resources are limited; we don't have an unlimited supply of what we want
a)
scarcity
b)
supply
c)
demand
d)
inflation
16.
Something we pay to use fora certain amount of time
a)
services
b)
goods
17.
How much of something is available
a)
supply
b)
demand
18.
The exchange of goods and services
a)
trade
b)
market
c)
economics
d)
consumer
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