Understanding Goods and Services

Flashcard
•
Business
•
10th Grade
•
Hard
Standards-aligned
Wayground Content
FREE Resource
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10 questions
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1.
FLASHCARD QUESTION
Front
Which of the following is an example of a service rather than a good? A smartphone, A haircut, A book, A pair of shoes
Back
A haircut
Tags
DOK Level 2: Skill/Concept
2.
FLASHCARD QUESTION
Front
Which of the following best describes a good? Options: An activity performed for someone else, A tangible item that can be bought or sold, A promise to perform a task, A skill or expertise offered to others
Back
A tangible item that can be bought or sold
Tags
DOK Level 2: Skill/Concept
3.
FLASHCARD QUESTION
Front
Identify the service from the following list: A laptop, A concert ticket, A car wash, A loaf of bread
Back
A car wash
Tags
DOK Level 2: Skill/Concept
4.
FLASHCARD QUESTION
Front
Which of the following is a characteristic of a service? It can be stored for later use, It is intangible, It is a physical object, It can be returned if defective
Back
It is intangible
Tags
DOK Level 2: Skill/Concept
5.
FLASHCARD QUESTION
Front
Which of the following is an example of a good? Legal advice, A refrigerator, A music lesson, A taxi ride
Back
A refrigerator
Tags
DOK Level 2: Skill/Concept
6.
FLASHCARD QUESTION
Front
What is the primary difference between goods and services?
Back
Goods are tangible, services are intangible.
Tags
DOK Level 2: Skill/Concept
7.
FLASHCARD QUESTION
Front
Which of the following is a service industry? Automobile manufacturing, Software development, Agriculture, Retail clothing
Back
Software development
Tags
DOK Level 2: Skill/Concept
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