Jay Adrian M.

Lozano

G-12 Bezos

What I Know
1. A 6. D 11. A

2. C 7. A 12. D

3. A 8. C 13. C

4. B 9. A 14. D

*5. C 10. B 15. A

ACTIVITY
Direction: In this activity, let us check the products/services that are previously and currently in
your wish list. Categorize the products/services into different levels. Below is how you can
categorize the product/service. Write your wish list in the separate sheet of paper. Give at least
five per level.

Level 1 Level 2 Level 3 Level 4

A realme 5 pro Headset A brown long sleeve House
cellphone
An HP laptop Jollibee Chicken Joy Realme 8 pro Mustang Sports Car
Cellphone
An Aircon A pizza Power bank Land lot
A Guitar Guitar pick Bass guitar Music Studio
Push-up Board and Pull-up bars Barbell Business Building
dumbbell
ANALYSIS
Direction: On the pictures below indicate whether the goods and services fall under the
category of essential and non-essential goods and services. In your answer sheet, write E if it
falls under essential and NE if it falls under non-essential.

1. 30

2. 50

3. 70 because it’s almost half in 50 and 100

4. Yes, it increases 66.7%

5. As the price increases the demand decreases. There is an inverse relationship between price
and quality demand

6. In 6 with 70 items or supply

7. It increases 3 times so it added 30 units or items

8. 60% with a total of 30

9. decrease

10. 100
APPLICATION
Direction: Complete the paragraph by filling in the blanks based on what you have learned from
the lesson. Choose your answer from the words below.

1. DEMAND

2. INCREASES

3. PRICE

4. LESSER

5. DEMAND

6. CURVE

7. GOVERNMENTPOLICY

8. TECHNOLOGY and WEATHER

9. PREFERENCES

10. SUBSTITUTE PRODUCTS

11. SEASONALPRODUCTS

12. SCHEDULE

13. SURPLUS

14. SHORTAGE
ENRICHMENT
In the given situations below, analyze what will happen to the demand, supply or price,
whether it increases or decreases. Write the word LABAN for increase and BAWI for decrease. If
there is no change just leave the number blank. Write your answer on a separate sheet of
paper.

1. BAWI

2. BAWI

3. LABAN

4. BAWI

5. BAWI

6. LABAN

7. BAWI

8. BAWI

9. LABAN

10.

Assessment
1.C 6. A 11. C

2. B 7. C 12. C

3. A 8. C 13. A

4. A 9. A 14. C

5. D 10. B 15. D