Professions Part 3 — Unit test Answers

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21
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Siva invests $100 into supplies to make cookies to sell. Each box of cookies costs $5. At what point has he hit the rate of return?

A
when he has made $100
B
when he makes a large profit
C
the moment he sells a box for $5
D
immediately upon buying the supplies
22
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Dimitri’s family is shopping for new flooring for their house. They know they want flooring that is pet friendly and eco-friendly. After looking at the features of different types, they decide on bamboo. As thoughtful consumers, what should be the next step in their decision-making process?

A
deciding when and from where to buy the bamboo flooring
B
comparing the quality and prices of different bamboo flooring
C
researching what kinds of flooring are pet friendly and eco-friendly
D
evaluating their purchase and writing a review to help other consumers
23

What is a clue that a website might be selling counterfeit products or trying to scam consumers?

A
It has a high number of visitors.
B
It sells sporting goods or toys.
C
It has blurry images and low prices.
D
It sells clothes, cosmetics, or games.
24

What is the wealth gap?

A
the difference in price between wants and needs
B
the uneven distribution of money in society
C
the balance between salary and expenses
D
the increasing cost of higher education
25

A bank offers both checking accounts and savings accounts.Why might someone transfer money from a checking account to the savings account?

A
Money in a savings account is held until retirement.
B
Money in a savings account will earn a small amount of interest.
C
Money in a savings account can quickly produce a large profit.
D
Money in a savings account is invested in the stock market.

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