Mia notices families leave the park at lunchtime to buy food. She rents a small cart and starts selling tacos nearby. What economic role is Mia taking?

A bicycle repair shop owner buys wrenches, a pump, and a workbench before opening. What kind of resources are those tools?

A berry farm owner hires workers to pick and pack berries for the market. What resource is the owner adding to the business?

Noah takes money he has been putting away for months and buys an oven for a cookie business. What business action is Noah taking?

Before opening a sandwich stand, Alina chooses the menu, buys supplies, and decides when to sell. What is Alina doing as an entrepreneur?

A student builds an app that helps neighbors schedule dog walks, and customers pay for the walks. What kind of business is this?

Tanya uses peaches from a farm to cook jam that she sells at a market. What role does Tanya have when she cooks the jam?

Before starting a toy-repair table, Omar asks classmates what broken toys they would pay to fix. What is Omar trying to find out?

A repair shop fixes only skateboards and scooters, so workers get very skilled with those items. What economics idea does this show?

A bakery gets wheat from farmers, flour from a mill, and delivery from drivers. What economics idea does this show?

A family starts selling vegetables from a roadside stand instead of only growing food for themselves. What word names a person who starts this business?

A local guide charges visitors for a walking tour of historic buildings. What is the guide selling?

A baker uses wheat, an oven, and workers to make bread for customers. What is the baker doing with resources?

Luis buys two used bicycles and begins carrying packages for nearby stores. What word best describes Luis after he starts the delivery business?

A student makes painted keychains and sells them at a craft fair. In that sale, what economic role does the student have?

A smoothie stand owner picks a spot near soccer fields because many players pass by after games. What business choice is the owner making?

A baker sells $200 of bread in one day and spent $150 on flour, fuel, and wages. What is the $50 left after costs called?

A flower stall takes in $90 from customers before subtracting the cost of flowers, bags, and table rent. What is the $90 called?

A phone repair shop earns $70 in repairs but spends $90 on parts and rent. What result did the business have?

Priya spends her savings on an ice cream cart, but rainy weekends may bring few customers. What is Priya accepting by starting the cart?

An app designer earns $500 from downloads and pays $300 for art, testing, and fees. What is the designer's profit?

A food truck spends more on permits, fuel, and ingredients than it earns from meals in a week. What has the food truck made?

A candle maker subtracts wax, jars, and booth fees from money received at a fair. The amount left is best called what?

A shoe-cleaning stand collects money from customers all afternoon. Before the owner subtracts soap, water, and rent, that money is called what?

A farm stand earns $120 from tomatoes and pays $80 for seeds, baskets, and stall space. What profit did the stand make?

A repair shop receives $75 for fixing a scooter and pays $40 for parts plus $20 for workspace rent. What is the profit?

A business spends $55 making birdhouses and sells them for a total of $45. What term names the $10 difference?

A tour guide pays for flyers and a license before knowing whether visitors will book tours. What is the guide facing?

A popcorn seller pays for kernels, bags, and booth rent. Why must the seller count those costs after a game?

A bakery borrows money from a bank for a mixer. What risk comes with the loan?

The cost of cotton for T-shirts rises, but the shop keeps the same selling price. What will most likely happen to profit?

A delivery entrepreneur can buy bicycles or rent a van. What should the entrepreneur compare before choosing?

Rosa has one free afternoon to tutor younger students or sell muffins at a market. What is the option she gives up called?

A soup cart owner is choosing recipes for winter. Which of these is a cost the owner should weigh?

A craft business can spend its savings on a new sewing machine or on online ads. What must the owner consider?

A fruit stand often throws away unsold berries, but running out can disappoint customers. What decision must the owner make?

A tour company may hire another guide for busy Saturdays. Which of these is a benefit the owner should weigh?

An online game app must pay a higher monthly server fee, while the price for players stays the same. What is the likely effect?

A skate repair shop may open on Saturdays. What should the owner weigh before deciding?

A bakery owner must choose between a cheap shop on a quiet street and a costly shop near many customers. What is the main benefit of the costly shop?