You want to buy a video game. Last week it was in all the stores. Last night a famous actor said it was the best game ever. Now it is hard to find. Based on what you know about price, is now a good time to buy the game? Why?(1 point)
Responses
Yes. The price will be low because sellers want to use the new interest.
Yes. The price will be low because sellers want to use the new interest.
No. The price will be too high because the game is scarce right now.
No. The price will be too high because the game is scarce right now.
No. The price has reached the equilibrium point and will go down now.
No. The price has reached the equilibrium point and will go down now.
Yes. The price is not changed by anything but the cost to make the game.
No. The price will likely be high due to the increased demand and limited supply of the game.
choose an answer I provided
Yes. The price will be too high because the game is scarce right now.
What are the ways people spend their income? Choose the two correct answers.(1 point)
Responses
pay bills when due
pay bills when due
create a budget
create a budget
purchase goods/services
purchase goods/services
save money for an item
save money for an item
put money in the bank
purchase goods/services
save money for an item
Which of the following things should you spend the least amount of money on when making a monthly budget?(1 point)
Responses
savings
savings
entertainment
entertainment
housing
housing
nutritious food
nutritious food
entertainment
Which of the following businesses specializes?(1 point)
Responses
A hardware company that is self-sufficient.
A hardware company that is self-sufficient.
A metal company that makes only plane engines.
A metal company that makes only plane engines.
A repair company claiming to be a jack of all trades.
A repair company claiming to be a jack of all trades.
A mechanic shop stating it has every car part under the sun.