is anyone who buys a good or a service for himself / herself

an amount of a good or service that is available to be bought or used.

anyone who makes a good to sell or who performs a service to others

that there are limited resources.

Which of the following are services?

keeping your bank account, a haircut

When someone barters he / she …

trades one product for another.

that a good or a service is wanted by one or more consumers

the study of the making, buying, and selling of goods or services

things you can touch, feel or use, e. g. a mobile phone or potatoes

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Economics for Beginners

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Questions 9

Answers

1
A consumer …
is someone whose job it is to give advice on a particular subject.
is any substance that makes something dirty.
is someone who makes or grows a good to sell to others.
is anyone who buys a good or a service for himself / herself
2
Supply means …
the meal that you have in the early evening.
an amount of a good or service that is available to be bought or used.
a company or person that provides a particular product.
sth. that you add to sth. else to improve it or make it complete.
3
A producer …
is a situation that causes difficulties
is someone who buys a good to be used by himself / herself
anyone who makes a good to sell or who performs a service to others
is the process of making or growing things to be sold.
4
Scarcity means …
a piece of cloth that you wear around your neck.
a permanent mark on your skin after you have had a cut or wound
that you are afraid of something.
that there are limited resources.
5
Which of the following are services?
a car
keeping your bank account
a haircut
ready-made trifle in a supermarket
6
When someone barters he / she …
pays products by credit card.
trades one product for another.
gets something from someone to use it and to give it back later
makes, pours, and serves drinks in a bar.
7
Demand means …
a guard of the wizard prison Azkaban
an illness of the brain that makes you lose the ability to think and behave
that a good or a service is wanted by one or more consumers
an evil spirit or force.
8
Economics is…
relation of plants, animals and people to the environment
the study of the making, buying, and selling of goods or services
s.o. who studies the way in which money and goods are produced and used
to reduce the amount of money, time, goods etc. that you use.
9
Goods are …
things that are nice to eat.
silly mistakes.
characters in a book or film who are good and do things you approve of
things you can touch, feel or use, e. g. a mobile phone or potatoes

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