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Needs And Wants; Goods And Services
Test Description: Test your knowledge of needs and wants; goods and services
Instructions: Answer all questions to get your test result.
1) Identify which of the following is NOT a want
A
designer trainers
B
to win lottery
C
water
D
iphone
2) Identify which of the following is NOT a need
A
shelter
B
haircut
C
water
D
food
3) Identify which of the following terms best describes, food, shelter and water?
A
needs
B
wants
4) Identify which of the following terms best desribes a HD SMART TV?
A
goods
B
service
5) Identify which of the following is an example of a service
A
new haircut
B
new iwatch
C
new jeans
D
new dvd
6) Identify which of the following is an example of goods
A
new mobile phone
B
new bank account
C
new haircut
D
new dentist appointment
7) A McDonald's happy meal could be described as
A
goods, satisfying a want
B
a service, satisfying a need
C
a service, providing goods which satisfies a need or a want
D
goods, satisfying a need
8) Identify which company below provides a service
A
Tu clothing (Sainsbury)
B
F and F clothing (Tesco)
C
George clothing (Asda)
D
Couture clothing
9) Identify which company below provides goods
A
Nike
B
Superdry
C
RBS
D
Ford
10) Scottish Water provide
A
a service meeting customers wants
B
a service meeting customers needs
C
goods meeting customers wants
D
goods meeting customers needs
*select an answer for all questions
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