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TLE: Buyer and Seller

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

A person who starts a business and is

willing to risk loss in order to make

money.

a)

establishment

b)

seller

c)

buyer

d)

entrepreneur

2.

Something you can buy and take home to use.

a)

demand

b)

service

c)

goods

d)

product

3.

It is the person who buys goods and services from the seller.

a)

businessman

b)

buyer

c)

profit

d)

entrepreneur

4.

A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

a)

demand

b)

buyer

c)

profit

d)

business

5.

This person owns or manages a store or business establishment and offers goods, products, or services to those who need it.

a)

seller

b)

buyer

c)

demand

d)

goods

6.

It is something that is manufactured following a process, or grown and nurtured in order to be sold for a profit.

a)

demand

b)

buyer

c)

profit

d)

goods

7.

It is a facility supplying a public or market demand.

a)

business

b)

entrepreneur

c)

profit

d)

service

8.

It is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities.

a)

establishment

b)

entrepreneur

c)

profit

d)

service

9.

A consumer’s desire to purchase goods and

services and willingness to pay a price for a

specific good or service.

a)

wants

b)

demand

c)

profit

d)

service

10.

The activity of making, buying, or selling goods or providing services in exchange for money.

a)

seller

b)

demand

c)

business

d)

profit