In the concept of supply andDemand who provides the Supply?
Category 1 – 10 points
• What is businesses/producer?
What are tutoring, hair cuts,And coaching examples of?Category 1 – 20 points
• What are services?
When a product becomesMore expensive, the demandIs?Category 1 – 30 points
• What is decreased?
How much of a good or serviceProducers will sell at a price is Reliant on ?Category 1 – 40 points
• What is demand?
What typically results whenThe demand of product increases?Category 1 – 50 points
• What is price and supply increase?
What is purpose of taxes?Category 2 – 10 points
• What is the financial support of society with education, law enforcement, etc?
What kind of tax do you Pay when you buy a newShirt?Category 2 – 20 points
• What is sales tax?
What types of taxes mightBe taken out of your paycheck?Category 2 – 30 points
• What is federal and state taxes?
What is the purpose of Social Security tax?Category 2 – 40 points
• What is a supplement for retired and disabled citizens?
If sales tax is ten percent, andA soda costs 90 cents, how muchDo you have to pay to purchase the Soda?Category 2 – 50 points
• What is 99 cents?
What does the term creditMean?Category 3 – 10 points
• What is entrust?
What is the popular Advantage to using creditCards?Category 3 – 20 points
• What is buy now and pay later?
What was a common problemPost civil war with southernersUsing credit to rebuild the South?Category 3 – 30 points
• What is Southerners took out several loans for necessities and luxury items. They were unable to make payments and banks closed so depositors lost their savings/
How does your credit scoreImpact your credit rating?Category 3 – 40 points
• What is your payment history decides what interest rate you will have to repay the desired debt/loan?
If a person wants to maintainA good credit score, how should They pay debts? Category 3 – 50 points
• What is make all payments on time; only use credit when necessary or affordable?
What is the purpose ofAdvertisements?Category 4 – 10 points
• What is increase the demand of a product or service?
What two factors influenceThe demand for a good orService?Category 4 – 20 points
• What is consumer tastes & preferences and costs?
How can producers attemptTo persuade the “cost effective” Consumer to purchase a less knownBrand?Category 4 – 30 points
• What is comparative substitute product?
Is milk and chocolateSyrup complements or Substitute?Category 4 – 40 points
• What is complements?
What is the purpose ofSlogans and logos?Category 4 – 50 points