Resource Quiz

Each of the following is either a/n:

a. consumer good
b. consumer service
c. land
d. capital
e. labor
f. entrepreneur

medical checkup	taxi ride
factory	automobile
highway	autoworker
candy bar	John DeLorean
coal	ice cream cone
coke	haircut
iron ore	waiter
Steve Jobs/Steve Wasnik	Ted Turner
forest	crude oil
lumber	gasoline
class lecture	stockings

Resource Quiz -- Answers

Often an item can be both a consumer good AND a resource (capital) depending on how it is used or whoi is using it. These answers are the most likely ones.

medical checkup - SERVICE	taxi ride - SERVICE
factory- CAPITAL	automobile - GOOD
highway- CAPITAL	autoworker - LABOR
candy bar - GOOD	John DeLorean -ENTREPRENEUR
coal - LAND	ice cream cone - GOOD
coke- CAPITAL	haircut - SERVICE
iron ore - LAND	waiter - LABOR
Steve Jobs/Steve Wasnik -ENTREPRENEUR	Ted Turner -ENTREPRENEUR
forest - LAND	crude oil - LAND
lumber- CAPITAL	gasoline - GOOD
class lecture - SERVICE	stockings - GOOD