millionaire scoreboard

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!