1. Jeopardy Economic Incentives Producers Consumers Goods & Services Econ
Words
Misc.
Q $100
Q $100
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Q $200
Q $200
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Q $200
Q $300
Q $300
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Q $300
Q $300
Q $400
Q $400
Q $400
Q $400
Q $400
Q $500
Q $500
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Q $500
Final Jeopardy

2. $100 Question What is a Speeding Ticket? Positive or Negative
Economic Incentive?

3. $100 Answer
Negative Economic Incentive

4. $200 Question Buy one get one free -Positive or Negative
Economic Incentive?

5. $200 Answer
Positive Economic Incentive

6. $300 Question Kids Eat Free on Tuesday!
What kind of Economic Incentive
is this?

7. $300 Answer
Kids Eat Free on Tuesday! Is a
Positive Economic Incentive

8. $400 Question What is a positive incentive that
Arby’s could offer it’s customers?

9. $400 Answer Buy one get one free, a coupon for $2 off,
Other answers are possible

10. $500 Question What negative economic
do the police use to help keep people
Safe??

11. $500 Answer
Speeding tickets, fines, other answers
Are possible

12. Someone who makes a good or
$100 Question
Someone who makes a good or
provides a service is
called a _________.

13. $100 Answer
Producer

14. Someone who buys a good or pays for a service is called a ________.
$200 Question
Someone who buys a good or pays
for a service is called a ________.

15. $200 Answer
Consumer

16. Matt goes to get his haircut. Is Matt a producer or consumer?
$300 Question
Matt goes to get his haircut.
Is Matt a producer or consumer?

17. $300 Answer
Matt is the consumer.

18. Keyanna goes to McDonald’s to eat.
$400 Question
Keyanna goes to McDonald’s to eat.
John works at McDonald’s and makes her a hamburger. Who is the producer and who is the consumer?

19. Keyanna is the consumer.
$400 Answer
John is the producer,
and
Keyanna is the consumer.

20. Farmers Growing Crops – Producers or Consumers?
$500 Question
Farmers Growing Crops –
Producers or Consumers?

21. $500 Answer
Producers

22. $100 Question
Is a teacher a good or does a
teacher provide a service?

23. $100 Answer
A teacher provides a service.

24. $200 Question
Is a computer a good or a service?

25. $200 Answer
A computer is a good.

26. $300 Question
Is a house a good or a service?

27. $300 Answer
A house is a good.

28. $400 Question
Is a nurse a good or does a
nurse provide a service?

29. $400 Answer
A nurse provides a service.

30. $500 Question
Is an artist and the painting a good
or a service?

31. $500 Answer
The artist provides a service,
and the painting is a good.

32. We have 24 kids in our room and
$100 Question
We have 24 kids in our room and
only 20 cookies. What economic problem do we have?

33. $100 Answer
Scarcity

34. What do you call things you must have
$200 Question
What do you call things you must have
to survive, like food, shelter, and air?

35. $200 Answer
Needs

36. $300 Question Eating Donuts from Market District –
Producer or Consumer?

37. $300 Answer
Consumer

38. When you make choices you have
$400 Question
When you make choices you have
to give things up. What is the economic term for what you gave up? Ex. You chose to go to the beach, so you did not get to go to Walt Disney World.

39. $400 Answer
Opportunity Cost

40. $500 Question What is a plan for how to spend
your money and keep track
of income called?

41. $500 Answer
A Budget

42. What economic situation affects
$100 Question
What economic situation affects
the cost of things?

43. $100 Answer
Supply and Demand

44. fire departments, and roads?
$200 Question
What pays for schools,
fire departments, and roads?

45. The government pays for them
$200 Answer
The government pays for them
with taxes.

46. Name a choice you needed to make while planning for
$300 Question
Name a choice you needed
to make while planning for
Market Day

47. $300 Answer
(answers vary –
Maybe a choice between
A good or a service
To partner up or be solo)

48. $400 Question What if you are not selling enough
at Market Day – what economic incentives
could you use
to get more customers?

49. offer buy one get one free, other answers possible
Have a sale,
offer buy one get one free,
Give a coupon,
other answers possible

50. If she keeps her money to use later,
$500 Question
Jennifer makes $200 a week.
If she keeps her money to use later,
she is ______ her money.

51. $500 Answer
Saving

52. Final Jeopardy
Explain the difference between a need
and a want.

53. Final Jeopardy Answer A need is something you must have
in order to survive.
A want is something you would
really like to have, but you will
live without it.