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Freemarket economics,

Total questions: 20

Worksheet time: 4mins

Name
Class
Date
1.

No one can tell you what to do with your money

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

2.

You want to have more money, so you will be more motivated

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

3.

You are selling something; you can charge whatver price you want

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

4.

You make something new and desirable

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

5.

Rare things are worth more money

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

6.

Cutting costs on existing products and making them cheaper

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

7.

No one can tell you how to spend your money

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

8.

If you are buying something, you can pay whatever you want for it

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

9.

If I have a special skill that no one has, I can charge more money for my services

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

10.

You create your own path

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

11.

If anyone can do my job, it's hard to get paid a lot of money

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

12.

You are rewarded with more profit

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

13.

You decide what kind of a job you want

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

14.

Apple Computers are too expensive for me

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

15.

The consumer is rewarded with cheaper prices

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

16.

You study at the university or institution that you want

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

17.

If a supermarket charges me five dollars for an apple, I can buy an apple cheaper at another supermarket

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

18.

That actual price is what the seller and the buyer both agree on

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

19.

Burger Boulevard makes better quality burgers to get more customers

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive

20.

Choosing to participate in ESLab to improve my English speaking skills is my decision

is an example of . . .

a)

suppy and demand

b)

freedom and choice

c)

incentive