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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 9 - 11.

Multiple Choice Questions

1. What is a "slump"?
(a) A drop in the activity of a business or the economy.
(b) A time when the market is stable.
(c) A period when money is worth more than normal.
(d) An increase in the activity of a business or the economy.

2. What is the goal of a "joint venture"?
(a) To sell a certain amount of goods or to work on a single project.
(b) To purchase two items and sell them at half price.
(c) To buy two companies and make them one.
(d) To sell a large quantity of items to many customers.

3. What pictures does Jessie draw to show Megan how much money they can make?
(a) Lemons.
(b) Customers.
(c) Dollar signs.
(d) Pitchers.

4. What happens when Evan and Scott try to sell the new drink, after their lemonade runs out?
(a) It sells better than the original product.
(b) Scott drinks it all.
(c) No one wants it.
(d) The boys make an additional $10 at the end of the day.

5. Where is Evan when Jessie wakes on Sunday morning?
(a) He is at his friend's house.
(b) He is setting up a lemonade stand.
(c) He is still asleep.
(d) He is buying lemonade mix.

Short Answer Questions

1. What idea does Jessie share with Megan about selling lemonade in Chapter 8?

2. During this first venture, in Chapter 3, how many cups do Evan and Scott sell and at what cost?

3. What does Evan use to carry the lemonade materials in Chapter 7?

4. How many cans does Evan bring home for the final day of the lemonade war?

5. Where do Evan and Scott go to set up their first lemonade stand?

(see the answer key)

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