Free Exam: Lemons and Lemonade
Number of Questions in Test: 12
Number of Questions in Preview: 5
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What is the definition for [b]"stack"[/b] according to the story.
She had a pitcher of lemonade, a cooler filled with ice, and a stack of plastic cups.
She had a pitcher of lemonade, a cooler filled with ice, and a stack of plastic cups.
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |
Question 2
What is the definition for [b]"profit"[/b] according to the story.
That money is called your gross profit.
That money is called your gross profit.
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |
Question 3
What is the definition for [b]"expenses"[/b] according to the story.
You still need to pay for the cost of the lemonade, cups, and ice. Those are your expenses.
You still need to pay for the cost of the lemonade, cups, and ice. Those are your expenses.
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |
Question 4
What is the definition for [b]"demand"[/b] according to the story.
"When people want what you are selling, that's called demand," Mom explained.
"When people want what you are selling, that's called demand," Mom explained.
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |
Question 5
What is the definition for [b]"balance"[/b] according to the story.
"Nope," Mom said. "It's tough to [b]balance[/b] the supply of a product with the demand for it."
"Nope," Mom said. "It's tough to [b]balance[/b] the supply of a product with the demand for it."
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |