Necesidades y deseos

What is the definition of needs?

• Essential things for survival: food, water, shelter, clothing.

• Things that improve our comfort or happiness.

• Things that we do not need to live.

• None of the above.

Complete the sentence: An example of a need is ________ to eat.

• bread

• pencil

• shirt

• toy

What is the definition of wants?

• A) Essential things for survival.

• B) Things that improve our comfort or happiness.

• C) Things we need to live.

• D) None of the above.

Complete the sentence: An example of a wish is a ________ intelligent.

• phone

• pencil

• book

• watch

What are goods? Fill in the blank:

• Goods are physical objects that you can buy and touch.

• Goods are services that cannot be seen or touched.

• Goods are abstract ideas that have no economic value.

• Goods are emotions that you experience when buying something.

What are services? Fill in the blank: Services are activities that people or companies do for others to meet their needs, but they are not physical objects.

• Services are activities that people or companies do for others to meet their needs, but they are not physical objects.

• Services are material products that can be touched and seen.

• Services are physical objects that are manufactured in factories.

• Services are natural resources that are extracted from the earth.

Read the following definition and complete the blank: Opportunity cost: ________ that you give up when you make a decision.

• The alternative

• The money

• The time

• The profit

You have €10. You want to go to the movies and buy a pizza, but you can't do both with €10, so you have to choose. If you spend €10 on movie tickets, you can't buy a pizza. What is your opportunity cost?

• The movies

• The pizza

• The money

• The tickets

You have soccer training on the same day your friends are going to the movies. If you choose training, what is the opportunity cost?

• Missing the movie with your friend.

• Being late to soccer training.

• Winning a trophy at training.

• Buying tickets for another day.

You have soccer practice on the same day your friends are going to the movies. If you choose to go to the movies, what is the opportunity cost?

• Missing your sports practice.

• Winning a prize at the movies.

• Watching a movie at home.

• Eating popcorn at the movies.