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Entrepreneurship Flashcards | StudBud
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Entrepreneurship
Entrepreneurship
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Do you know about basic finance and business terms? #entrepreneurship #careered
Flashcards
11 cards
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Questions
11
Answers
1
Darth and Kylo opened shops on the same street. They both sell light sabers. They are
emo
human capital
marketing
competitors
2
Rey buys some scraps for 6 portions. She sells them for 20 portions. What's her PROFIT?
14
6
20
26
3
Mr. Krabs sold 100 shakes for $2 each. It costs him $1 to make them. What's his REVENUE?
$1
$100
$200
$2
4
How much of something people MIGHT WANT to buy
supply
product
demand
consumer
5
Christi & Colby buy 2 bags of Cheetos. D'Cameron wanted some, but didn't. Who's NOT a consumer?
Christi only
Colby only
D'Cameron
Christi and Colby both are
6
Dom, Letty, and Luke have a car rental business. Do they offer products or services?
products
camo
services
sproductices
7
What kind of person is most likely in the MARKET for Flaming Hot Cheetoes?
old ladies
business people
girls only
kids
8
Squidwad pays Bob $5 a week to mop floors, no matter how dirty they are. What kind of cost?
FIXED
VARIABLE
9
How much of something people ACTUALLY buy
demand
human capital
supply
market
10
Poe's jackets cost $200 to make. He sells one to Finn for $350. What's Poe's COST?
$650
$550
$200
$150
11
Mr. Krabs pays Sandy $5 for every shake she makes. Sometimes, that's a lot! What kind of cost?
VARIABLE
FIXED