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Questions and Answers
What are goods?
What are goods?
- Things other people do for you, like getting a haircut or going to the doctor
- Things you must have to survive, like food, clothes, and a place to live
- Actual things you can buy and touch, like toys, clothes, or your favorite snacks (correct)
- Things you would like to have but can do without, like a skateboard or a trip to Disney World
What defines a consumer?
What defines a consumer?
- A person or a company who makes a good or service to sell to others
- A person who bakes delicious cookies
- A person who chooses between two things they want
- A person or a company who pays for a good or service (correct)
What are needs?
What are needs?
- Actual things you can buy and touch, like toys, clothes, or your favorite snacks
- Things you would like to have but can do without, like a skateboard or a trip to Disney World
- Things you must have to survive, like food, clothes, and a place to live (correct)
- Things other people do for you, like getting a haircut or going to the doctor
What are services?
What are services?
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What do producers do?
What do producers do?
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