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Buys and sells products based on needs

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

As an entrepreneur or a seller, the Summer Season can be an exact time for business. What product would you like to sell to your classmates or friends in social media?

a)
b)
c)
d)
2.

Your father give you a money to buy online a new pair of shoes as a gift. But the phone you are using in your Virtual Classes was broken. What will you choose to buy?

a)
b)
c)
d)
3.
a)

needs

b)

wants

c)

demands

4.

a)

needs

b)

wants

c)

demands

5.

a)

needs

b)

wants

c)

demands

6.

As an entrepreneur, What are the importance of knowing the needs of people?

a)

To avoid business failure

b)

Wise spending

c)

To determine what products or services to sell.

d)

All of the above

7.

The following are considered as wants EXCEPT?

a)
b)
c)
d)
8.

a)

wants

b)

needs

c)

demands

9.

It is something necessary to live a healthy life and is something required for a safe and healthy life.

a)

needs

b)

wants

c)

demands

10.

Are good or services or services that people desire or wish to have. People can live without these products or services.

a)

needs

b)

wants

c)

demands