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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
iphone
D
water
2) Identify which of the following is NOT a need
A
water
B
haircut
C
shelter
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 dvd
B
new haircut
C
new iwatch
D
new jeans
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 need
B
a service, providing goods which satisfies a need or a want
C
goods, satisfying a want
D
a service, satisfying a need
8) Identify which company below provides a service
A
Couture clothing
B
George clothing (Asda)
C
F and F clothing (Tesco)
D
Tu clothing (Sainsbury)
9) Identify which company below provides goods
A
Ford
B
RBS
C
Superdry
D
Nike
10) Scottish Water provide
A
a service meeting customers wants
B
goods meeting customers needs
C
goods meeting customers wants
D
a service meeting customers needs
*select an answer for all questions
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