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What is a consumer?

This is a company focusing on one specfic type of product

Economics Basics

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Questions 14

Answers

1
This is a company focusing on one specfic type of product
Budget
Producer
Transaction
Specialization
2
What is a consumer?
person who provides a good or service
Person who purchases or uses a good or service
3
What is a producer?
Someone who uses a good or service
A barista at Starbucks
a hoody
Someone who provides a good or service
4
How does a company try to get you to buy their product?
Marketing
gives it away
Advertising/Commercials
Famous people
5
what is the memo on a check for?
why you wrote the check
who the check is going to
the amount
the date
6
What do you write on the second long line of a check?
The amount you are paying written in words
The name of the person/company you are paying
Your Name
The name of your bank
7
The below image is an example of what?
logo
commercial
slogan
jingle
8
What is demand
The kind of product you're buying
How much of a product there is
How much people want
How much is able to be supplied
9
is a credit card the same as a debit card
dunno
no
yes
maybe
10
The price of Halloween candy going down after the holiday is because
the demand is still high
the supply is high
the supply is still high
the demand is down
11
What is supply?
work that people do for other people
something that people make or grow
how much of a good or service people want to buy
how much of a good or service is available to buy
12
Nike
Never stop
Nike is were stars are born
Work it
Just do it
13
Which one of the following is a type of want?
water
PS5
shelter
food
14
Economics is the study of how people meet their
check book
money
wants and needs
budget