welcome to the jeopardy game template this presentation was saved in template format so that you can...
TRANSCRIPT
![Page 1: Welcome to the Jeopardy Game Template This presentation was saved in template format so that you can customize it for student use. To use this template,](https://reader035.vdocuments.site/reader035/viewer/2022081516/56649e305503460f94b21260/html5/thumbnails/1.jpg)
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Don’t Forget...
Contestants
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…Always phrase your answers in
the form of a question!
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Hands on your buzzers, its...
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500500
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500500500500 500500 500500
300300
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400400400400 400400 400400 400400
Nerdstick Waterhead Hazzard County
AfflictedYour Mama
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What is…?
Nerdstick for $100
Two ways buyers affect price
Two ways buyers affect price
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Demand and willingness to
pay
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Game
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Two side effects of a natural disaster on
cotton crops.
What are…?
Nerdstick for $200
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Game
Price goes up and quantity
supply
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What are…?
Nerdstick for $300
Goods used in place of other products
Goods used in place of other products
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…substitute goods
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What is…?
Nerdstick for $400
Desire, ability and willingness to buy a
product
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Game
demanddemand
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What is…?
Nerdstick for $500
Libby would rather have a double whopper
than the big mac due to…
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Game
Consumer taste
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What is…?
Waterhead for $100
One of the biggest disadvantages of
Sammy opening his own archery range.
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Game
Unlimited liability
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What is…?
Waterheads for $200
The market for labor would be part of a ______ market.
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Game
Factor market
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What is…?
Waterheads for $300
Small increase In price leads to a large change
in qd.
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Back to
Game
Price elasticity
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What is…?
Waterheads for $400
Business type commonly associated
with doctors and lawyers.
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Game
Partnership
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What is…?
Waterheads $500
Reginald freely and willingly purchases a mail
order bride form a Russian based company
on the net.
Reginald freely and willingly purchases a mail
order bride form a Russian based company
on the net.
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Back to
Game
Voluntary exchange
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What is…?
Your Mama for $100
If the demand moves left, then supply does
this.
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Back to
Game
decrease
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What is…?
Your Mama for $200
The U.S. does not have a pure market
economy, but rather this.
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Back to
Game
Mixed economy
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What is…?
Your Mamafor $300
Suppliers will offer more at higher prices
as long as there is sufficient demand.
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Back to
Game
The law of supply and demand
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What is…?
Your Mama for $400
The point where quantity supplied
equals the quantity demanded
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Game
Equilibrium price
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What is…?
Your Mama for $500
The use of this provides an efficient means of economic exchange
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Game
Money
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What is…?
Hazzard County for $100
An industry that is dominated by a few
large firms
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Game
Oligopolistic competition
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What are…?
Hazzard County for $200
I own my own restaurant but have to sell burgers because
the corporate office says I have to. I lack these
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Game
Franchise rights
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What is…?
Hazzard County for $300
In this type of competition, there is a large number of
buyers and sellers with similar products
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Game
Perfect competition
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Hazzard County for $400
New cancer medication would probably have a
very low this
What is …?What is …?
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Back to
Game
Price elasticity
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Hazzard County for $500
The type of competition in which firms can make
greater than normal profits for short periods of time
What is…?What is…?
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Game
Monopolistic competition
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What is…?
Afflicted for $100
Probably the biggest motivator for business in a market economy
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Game
profit
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What are…?
Afflicted for $200
These are things corporations sell to generate money for
their company.
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Game
Shares, stocks or bonds
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What is…?
Afflicted for $300
If the price of concert tickets goes down, this
will increase dramatically
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…demand
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What is…?
Afflicted for $400
Cole invests $15,000 in Reebok. If Reebok goes into
debt and experiences bankruptcy, he will only lose
$15,000 because of this
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Game
Limited liability
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What is…?
Afflicted for $500
If De- don’t and thousands of others like her get fired for
sleeping on the job, this will be the effect on equilibrium price and quantity supplied
of dum- dum pops.
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Game
Price will increase and quantity will
decline
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This is the most common type of variable cost a business
owner could incur.
•Final Jeopardy
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