What is a demand Flashcards
Pls learn (19 cards)
`What is the term ‘scarcity’ mean?
**
rare
What is a producer?
A person that makes what is demanded
What is a natural recource?
Something that is natural-made
What is a demand?
Ask for something
What is a service?
Something a person does for you
What type of service is this?
A person that cleans your teeth and checks them
dentist
What is the difference between a producer and a service person?
A service person is someone that does something for you and a producer is someone that makes something out of a demand
What do you do if you want a refund
Bring your receipt and go and get your refund. where you got the thing you bought.
Is a hospital a Capital Recource?
Yes or No
Yes
Name a Capital Recource that sells goods
Shop
Answer the question
Which one of these is a SERVICE
Apple, salseperson, hospital
salseperson
What word is in the blank?
We buy something but it is faulty. We take it back with a ________ and ask for a refund
receipt
What is a redress?
unfairness
Name a human resource of paper
woodcutter
Was this easy?
Yes or no
Fill in the blank
Paper is first cut down by a 1.______ (Himan recource) then it is sent by a truck to 2._____(Capital recources that makes paper) then is sold by a _________
- is woodcutter
- Factory
- Producer
Fill in the blank
One day, Ava bought a new tenis racket. When she got home, it was faulty. She goes to the shop with her _________ and asks for a ______
Recipet, refund
Define supply
give
Fill in the blank and answer the questions
How to make bread
So, the steps to making bred is we get wheat from the harvest. That is supply. Then, we transport it to a ________ (capital recource selling not factory) The ________ makes the bread with the wheat. People come into the ______ (cpital recource same answer as where we transport the wheat) and they _______ for what bread they want. The ________ make the demand bread and they sell it.
Bakery, producer,bakery,demand,producer
