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Jeopardy. Supply & Demand. Producers & Consumers. Resources. Decisions. Trade. Q $100. Q $100. Q $100. Q $100. Q $100. Q $200. Q $200. Q $200. Q $200. Q $200. Q $300. Q $300. Q $300. Q $300. Q $300. Q $400. Q $400. Q $400. Q $400. Q $400. Q $500. Q $500. Q $500.
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Jeopardy Supply & Demand Producers & Consumers Resources Decisions Trade Q $100 Q $100 Q $100 Q $100 Q $100 Q $200 Q $200 Q $200 Q $200 Q $200 Q $300 Q $300 Q $300 Q $300 Q $300 Q $400 Q $400 Q $400 Q $400 Q $400 Q $500 Q $500 Q $500 Q $500 Q $500 Final Jeopardy
$100 Resources Question Trees used to make paper are what kind of resource?
$100 Resources Answer Natural
$200 Resources Question A lawn mower used by a gardener is what type of resource?
$200 Resources Answer Capital
$300 Resources Question The chef at a restaurant is what kind of resource?
$300 Resources Answer Human
$400 Resources Question A person who takes a risk and starts his/her own business is a what?
$400 Resources Answer Entrepreneur
$500 Resources Question Give an example of each type of resource.
$100 Decision Question What is another word for decision?
$100 Decision Answer Choice
$200 Decision Question What is it called when I have to make a decision between buying a purse and a belt?
$200 Decision Answer Trade-off
$300 Decision Question If I buy the purse, what is the belt?
$300 Decision Answer My opportunity cost
$400 Decision Question When I make a plan of how to spend or save my income, what is that plan called?
$400 Decision Answer Budget
$500 Decision Question If there is a limited supply of a good, then there is a ________ of it.
$500 Decision Answer Scarcity
$100 Producers & Consumers Question A person who buys goods and services is a what?
$100 Producers & Consumers Answer Consumer
$200 Producers & Consumers Question A person who sells goods or services is a what?
$200 Producers & Consumers Answer Producer
$300 Producers & Consumers Question Money used to pay for goods and services is called what?
$300 Producers & Consumers Answer currency
$400 Producers & Consumers Question The money that people earn from working is called what?
$500 Producers & Consumers Question What resources do producers need in order to make goods and services?
$500 Producers & Consumers Answer Natural, Capital, & Human
$100 Trade Question Clothes made in France and sold in the United States are called what?
$100 Trade Answer Imports
$200 Trade Question Tables made in the United States and sold in Mexico are called what?
$200 Trade Answer Exports
$300 Trade Question When a dairy farmer and a grocery store rely on each other for business, what are they?
$300 Trade Answer Interdependent
$400 Trade Question Give an example of a good that you could find at the mall.
$400 Trade Answer Clothes, food, shoes, jewelry, purses, CDs, books, etc.
$500 Trade Question Give an example of a service at a mall.
$500 Trade Answer Custodians, sales clerks, vendors, etc.
$100 Supply & Demand Question How much producers will make and sell is called what?
$100 Supply & Demand Answer Supply
$200 Supply & Demand Question How much consumers want to buy something is called what?
$200 Supply & Demand Answer Demand
$300 Supply & Demand Question If the demand for a good is really high, what happens to the supply of that good and its price?
$300 Supply & Demand Answer The supply decreases or goes down. The price increases or goes up.
$400 Supply & Demand Question If the demand for something is really low, what happens to the supply and the price?
$400 Supply & Demand Answer The supply increases or goes up. The price decreases or goes down.
$500 Supply & Demand Question Why is it always best to have several brands to choose from?