What is a demand Flashcards

Pls learn

1
Q

`What is the term ‘scarcity’ mean?

**

A

rare

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2
Q

What is a producer?

A

A person that makes what is demanded

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3
Q

What is a natural recource?

A

Something that is natural-made

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4
Q

What is a demand?

A

Ask for something

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5
Q

What is a service?

A

Something a person does for you

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6
Q

What type of service is this?
A person that cleans your teeth and checks them

A

dentist

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7
Q

What is the difference between a producer and a service person?

A

A service person is someone that does something for you and a producer is someone that makes something out of a demand

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8
Q

What do you do if you want a refund

A

Bring your receipt and go and get your refund. where you got the thing you bought.

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9
Q

Is a hospital a Capital Recource?
Yes or No

A

Yes

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10
Q

Name a Capital Recource that sells goods

A

Shop

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11
Q

Answer the question

Which one of these is a SERVICE
Apple, salseperson, hospital

A

salseperson

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12
Q

What word is in the blank?
We buy something but it is faulty. We take it back with a ________ and ask for a refund

A

receipt

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13
Q

What is a redress?

A

unfairness

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14
Q

Name a human resource of paper

A

woodcutter

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15
Q

Was this easy?

A

Yes or no

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16
Q

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 _________

A
  1. is woodcutter
  2. Factory
  3. Producer
17
Q

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 ______

A

Recipet, refund

18
Q

Define supply

A

give

19
Q

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.

A

Bakery, producer,bakery,demand,producer