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Economics Vocabulary Sort

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

To offer or suggest

a)

barter

b)

supply

c)

propose

d)

loss

2.

Costs minus revenue, losing money, the opposite of profit.

a)

benefit

b)

loss

c)

good

d)

service

3.

To trade

a)

service

b)

good

c)

demand

d)

barter

4.

A consequence that is good

a)

saver

b)

benefit

c)

entrepreneur

d)

demand

5.

Revenue minus cost, money coming in.

a)

demand

b)

loss

c)

good

d)

profit

6.

The possibility of losing something or incurring loss.

a)

service

b)

supply

c)

risk

d)

demand

7.

Product that can be seen and touched.

a)

good

b)

service

c)

demand

d)

loss

8.

Work preformed for others.

a)

risk

b)

good

c)

service

d)

supply

9.

The next best thing that someone gives up when choosing one thing over another.

a)

good

b)

supply

c)

opportunity cost

d)

service

10.

How much of something is available.

a)

good

b)

loss

c)

demand

d)

supply

11.

How much of something people want.

a)

demand

b)

supply

c)

good

d)

service