Section 1.1 Quiz

This picture is an example of what type of product?

• Service

• Good

• Utility

• Wages

This picture is an example of

• Customer

• Need

• Standard of Living

• Product

The picture is an example of

• Standard of Living

• Wages

• Market

• Form

A ____________ is anything that can be bought or sold.

The benefits created by businesses are

• providing products

• creating markets

• generating economic benefits

• All of the above