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WorksheetsBusiness Quiz
Total questions: 10
Worksheet time: 50mins
What is a free enterprise system?
A business that gives away free items
A system where people donate items
A place to save money
A system that allows people to make choices in their business and how it operates
HEB gives back to their community by....
Doing nothing
Providing disaster relief
ignoring education
not including everyone
What is an entrepreneur?
A person that gives speeches all day
A person that creates a business and takes risk of opening a new business
A person that teaches at a school
A person that works on book reports
What does it mean to donate?
to put money into your bank account
to give your time or money to different causes
to spend money at H-E-B
To keep everything put away for later
Which is an example of a good?
(There can be more than one correct answer)
A person walking a dog for money
Toothpaste
Vegetables and Fruit
A waiter at a McDonald's serving you food
Scarcity is.....
when a community does not have enough resources to meet the demand of consumers
when we have too much of an item
everyone is able to buy everything they want
Consumers and businesses make choices about how they....
(Hint: there are two correct answer choices)
Spend
Talk
Save
Wake up
Which is an example of SCARCITY?
Toilet paper running out during the COVID pandemic
Too many blueberries at HEB
Too many bananas at
Wal-Mart
The amount of money a business makes after all production costs are paid is called.......
demand
scarcity
donating
profit
Many people are buying Nutella at HEB, so HEB decides to change the price from $3.58 to a higher price of $4.38. What is the relationship between demand and price?
When demand decreases, price increases
When demand increases, price decreases
When demand increases, price increases
When demand decreases, price decreases
