

PBMF - Chapter 1 Coach Arnold
Flashcard
•
Other
•
9th - 12th Grade
•
Practice Problem
•
Hard
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20 questions
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1.
FLASHCARD QUESTION
Front
Your wants can go on and on and they change everyday.
Back
True
2.
FLASHCARD QUESTION
Front
You satisfy needs and wants by purchasing and consuming goods and services.
Back
True
3.
FLASHCARD QUESTION
Front
Needs are things that add comfort and pleasure to your life. True or False?
Back
False
4.
FLASHCARD QUESTION
Front
Wants are things that are required in order to live.
Back
False
5.
FLASHCARD QUESTION
Front
_______ are things that you can see and touch.
Back
Goods
6.
FLASHCARD QUESTION
Front
______ is an example of a service.
Back
mechanical work
7.
FLASHCARD QUESTION
Front
Market price for a product is the point where supply and demand are equal.
Back
True
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