1. Mrs. Rica went to the market for her weekly purchase of goods. Rico, his son, accompany her holding a basket. In the market, John sell him a kilo of pork chop. Who among them is the seller?
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1 point
Rico
Mrs. Rica
John
Mrs. Rica & Rico
2. Which of the following is the buyer?
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1 point
Persistently asks for a discount
Keeping track of his gains everyday
Making inventory of stocks
Sells his product
3. Mina is the owner of the SR’s Grocery, she offers goods and services. Therefore she is ______.
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1 point
Buyer
Debtor
Creditor
Seller
4. What value or trait did you get from producing simple product?
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1 point
Being creative
Being resourceful
Being roductive
All of the above
5. The following are the steps in making a product, which is not?
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1 point
Design your product
Decide what materials to use
Copy the product of others
Advertise your product