millionaire scoreboard
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MILLIONAIRE SCOREBOARD
$100
$200
$300
$500
$1,000
$2,000
$4,000
$8,000
$16,000
$32,000
$64,000
$125,000
$250,000
$500,000
$1 MILLION
Click the $ for questions
Jackson chooses to use his $5 to buya Christmas present for his dad instead of buying a book at the book fair.
The book fair book is his _______________
A: Opportunity cost B: scarcity
C: resource D: demand
$100 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$100
Click on the money bag to return to the scoreboard
Correct!
So many customers wanted to buythe Wii, the store ran out. There was
a _____________
A: capital resource B: scarcity
C: decision D: consumer
$200 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$200
Click on the money bag to return to the scoreboard
Correct!
Which of the following is an example of goods
A: a hair cut B: an education
C: groceries D: getting the house cleaned
$300 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$300
Click on the money bag to return to the scoreboard
Correct!
Which of these is a capital resource a greeting card company would use?
A: a barn B: water
C: writers D: printing machines
$500 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$500
Click on the money bag to return to the scoreboard
Correct!
Marlo needed a new rake to use in his lawn care business. What type of
resource is a rake?
A: natural B: capital
C: human D: limited
$1,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$1,000
Click on the money bag to return to the scoreboard
Correct!
Kelly spent $45 on supplies to start her pet grooming business. She collected $65 from her first 5
customers. How much profit has Kelly earned?
A: $20 B: $45
C: $65 D: $110
$2,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$2,000
Click on the money bag to return to the scoreboard
Correct!
The money we collect when doing business is called ____________.
A: expenses B: income
C: resources D: investment
$4,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$4,000
Click on the money bag to return to the scoreboard
Correct!
When the demand for an item increases, the price of the item will
likely do what?
A: go up B: go down
C: stay the same D: go away
$8,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$8,000
Click on the money bag to return to the scoreboard
Correct!
Which of the following jobs is an example of a service career?
A: builder B: car maker
C: doctor D: farmer
$16,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$16,000
Click on the money bag to return to the scoreboard
Correct!
The amount of a good customers are willing to buy is the ________.
A: supply B: resources
C: capital D: demand
$32,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$32,000
Click on the money bag to return to the scoreboard
Correct!
Before making an economic decision, you must think about the
___________ .
A: advantages and disadvantages
B: supply and demand
C: income and profit D: wants and desires
$64,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$64,000
Click on the money bag to return to the scoreboard
Correct!
Profit is found by subtracting the __________ from the income.
A: taxes B: capital
C: expenses D: balance
$125,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$125,000
Click on the money bag to return to the scoreboard
Correct!
A person who uses a service or goods is a __________
A: producer B: human resource
C: investor D: consumer
$250,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$250,000
Click on the money bag to return to the scoreboard
Correct!
Carl invested $50 to start his business. He sold $120 worth of goods. How much profit did he make?
A: $50 B: $70
C: $120 D: $100
$500,000 Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$500,000
Click on the money bag to return to the scoreboard
Correct!
3 types of resources are capital, human, and _________
A: real B: conservation
C: natural D: business
$1 Million Question
Click on the letter of the correct answer
INCORRECT!
TRY AGAIN!
SCORE
$1 MILION
Correct!
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