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BizTown Flashcards | StudBud
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BizTown
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Questions
14
Answers
1
If a lot of people want a product, will the price likely go up or down?
Go up
Go down
2
If there is a high supply of a product, what will likely happen to the price?
Go up
Go down
3
The people who make chocolate at Kegg's are ...
Consumers
Producers
4
To start a business, you need ...
To be rich
To get a loan
To live in America
To be given it
5
What is it called when you put money into your account?
Deposit
Balance
Withdrawal
Check
6
If there is a lot of a product, is the supply high or low?
High
Low
7
Which is a good?
Lawn mower
Teacher
Hair cut
A bike
8
Your _______________ is how much money you have in your account.
Withdrawal
Balance
Check
Deposit
9
I sold $20 worth of bracelets, but I spent $15 on resources. How much of a profit did I make?
$20
$35
$5
$15
10
You deposited $10 into your account, and then spent $8. What is your balance?
$2
$4
$18
$8
11
What's one resource a hair dresser would need?
Lawn Mower
Jackets
Scissors
Books
12
You bought a shirt at Wal-Mart for $10. About how much would you pay after taxes?
$10.80
$1.00
$10.08
$15.00
13
You help businesses by buying their products.
True
False
14
If not many people want a product, is the demand high or low?
Hight
Low
