Section 3: Use of language

Task 1: Choose the most appropriate term a, b, c, or d for the following definitions.

1. This is the amount of money exchanged for a good or service.

a) bill b) price c) change d) tip

2. Is the inability to satisfy all wants at the same time.

a) limited b) scarcity c) choices d) opportunity costs

1. Is the using of goods and services.

a) post production b) production c) consumption d) distribution

1. Which of the following is NOT a resource that is used in the production of goods and services?

a) natural b) human c) capital d) social

1. This is the selecting of an item or action from a set of possible alternatives.

a) price b) opportunity costs c) choice d) resources

1. This is combining of resources to make goods and provide services.

a) consumption b) production c) incentive d) supply

1. This is given up when a choice is made.

a) incentive b) scarcity c) opportunity costs d) price

1. This is the amount of a good or service that consumers are willing and able to sell at a certain price.

a) production b) supply c) demand d) consumption

1. This is the amount of a good or service that consumers are willing and able to buy at a certain price.

a) supply b) consumption c) demand d) purchasing

1. Things that motivate or incite people to purchase the goods and services.

a) scarcity b) production c) incentive d) motivation

Task 2: Choose the correct option

1. Jim is from ___Scotland. He’s got two brothers and ___sister. He is ___doctor. He has lots of hobbies. He likes ___football, plays __guitar, and goes to ___Mediterranean every year.

A) the b) - c) a/an

2.Today ____ millions of people who speak English.

Не нашли, что искали? Воспользуйтесь поиском: