Week 11 Test Review

Johnny owns a farm that grows apples on a tree. He would be considered a ____________.

• producers

• consumer

Food and drinks are NOT basic needs.

• TRUE

• FALSE

A producer and a consumer have to _______________ each other.

• go against

• fight

• rely on

Which is the word for someone who does something for someone else?

• good

• a service

• need

Prices will ______________ if _______________ is high.

(2 ANSWERS)

• decrease / surplus

• increase / demand

• stay the same / production

What is one way to tell if something is scarce?

• The price of the item goes down

• Every store has it in stock

• You see long lines of people waiting for it at the stores

A game is an example of a want.

• TRUE

• FALSE

• WANT

• NEED

• WANT

• NEED

• WANT

• NEED