Refer to our Texas Go Math Grade 2 Answer Key Pdf to score good marks in the exams. Test yourself by practicing the problems from Texas Go Math Grade 2 Lesson 20.6 Answer Key Producers, Consumers, and Costs.

## Texas Go Math Grade 2 Lesson 20.6 Answer Key Producers, Consumers, and Costs

**Essential Question**

What are producers and consumers?

Producers are people who make or grow goods and provide services. Sometimes they are called workers, and they help us do things.

Consumers are people who buy or use goods and services to satisfy their wants. When you eat your dinner, you will be a consumer.

A person who makes something is called a producer.

A person who buys something is called a consumer.

**Explore**

Write and draw to show how you solved each problem.

Brittany saves ____

3 + 2 = 5

12 – 5 = 7

Brittany saves $7

Franklin saves ____

2 + 2 = 4

10 – 4 = 6

Franklin saves $6

**For The Teacher
**Read the following problem and have children solve. Brittany has 12 dollars. She spends $3 on a snack, $2 on a toy, and saves the rest. How much does she save? Then have children solve this problem. Franklin has 10 dollars. He buys 2 puzzles that each cost $2 and saves the rest. How much does he save?

**Math Talk**

**Mathematical Processes**

How much did each child spend? Explain.

Brittany spend 5

Franklin spend 4

**Model and Draw**

A person who makes something is called a producer.

A person who buys something is called a consumer.

Tara spends $3 on supplies and makes a bracelet. Shelly pays Tara $4 for the bracelet.

Producer: __Tara__

Consumer: __Shelly__

Describe what happened. What do they each have after this happens?

__Tara spent $3 and got $4 from Shelly.__

__Tara has $1__

**Share and Show**

Name the producer and the consumer.

List what they started with and what they end with.

Question 1.

Miss Tyler has $31. She spends $8 on material and $1 on thread. She makes a scarf. Miss Perez has $42. She buys the scarf for $11.

Answer:

Explanation:

Miss Tyler

8 + 1 = 9

31 – 9 = 22

Miss Perez

42 – 11 = 31

Question 2.

How much did Miss Tyler spend on the things to make the scarf? ____

Answer:

8 + 1 = 9

Explanation:

Miss Tyler spend on the things to make the scarf is 9

$8 on material and $1 on thread

**Problem Solving**

Name the producer and the consumer.

List what they started with and what they end with.

Question 3.

Mr. Parker has $42. He spends $15 on supplies. He makes a toy boat. Mr. Ward has $35 and buys the toy boat for $20.

Answer:

Explanation:

42 – 15 = 27

35 – 20 = 15

**Use the information to solve.**

Mr. Lee works in a wood shop. He has $53. He spends $18 on wood and $2 on nails. He makes 4 picture frames.

Answer:

Question 4.

**H.O.T. Multi-Step** What is the total amount that Mr. Lee should sell the frames for so that he will end up with $63?

Answer:

18 + 2 = 20

20 divided by 4 is 5

each frame costs $5

Question 5.

**H.O.T. Multi-Step** How much did Mr. Lee spend on supplies for each frame?

Answer:

$5 Mr. Lee spend on supplies for each frame

**Daily Assessment Task**

**Choose the correct answer.**

Question 6.

‘Mr. Reed makes a frame at his store. He sells the frame to Mr. Tyson for $10. Who is the consumer?

(A) Mr. Tyson

(B) Mr. Reed

(C) Both Mr. Tyson and Mr. Reed

Answer: A

Explanation:

Mr. Tyson is the consumer

A person who makes something is called a producer.

A person who buys something is called a consumer.

Question 7.

**Analyze** Paul has 80¢. He spends 25¢ on craft sticks and 10¢ on string. He makes a puppet and sells it to Maria.

How are a producer and a consumer different? Use the story to explain.

Answer:

What was the total cost for the supplies needed to make the puppet?

Explanation:

A person who makes something is called a producer.

A person who buys something is called a consumer.

Paul has 80¢. He spends 25¢ on craft sticks and 10¢ on string is the producer

Maria is the consumer

25 + 10 = 35

35 the total cost for the supplies needed to make the puppet.

Question 8.

**‘Texas Test Prep** Miss Rue has$35. She spends $5 on supplies to make a scarf. She sells the scarf for $8. How much money does she have now?

(A) $43

(B) $48

(C) $38

Answer: C

Explanation:

35 – 5 = 30

30 + 8 = 38

$38 she have now

### Texas Go Math Grade 2 Lesson 20.6 Homework and Practice Answer Key

**Name the producer and the consumer. List what they started with and what they end with.**

Question 1.

Janice has $38. She spends $10 on beads and $3 on string. She makes a necklace. Paula has $53. She buys the necklace for $25.

Answer:

Explanation:

Janice has $38. She spends $10 on beads and $3 on string.

10 + 3 = 13

38 – 13 = 25

She makes a necklace. Paula has $53. She buys the necklace for $25.

53 – 25 = 28

**Problem Solving**

**Use the information to solve.**

Carter has $62. He spends $28 on wood and $4 on nails. He makes 2 birdhouses.

Question 2.

**Multi-Step** What is the total amount that Carter should sell the 2 birdhouses for so that he will end up with $70?

Answer: $35

Explanation:

28 + 4 = 32

32 + 32 = 64

Each bird house he should sell for $35

35 + 35 = 70

**Texas Test prep**

**Lesson Check**

**Choose the correct answer.**

Question 3.

Cindy has $45. She spends $15 on supplies to make a bracelet. She sells the bracelet for $17. How much money does she have now?

(A) $47

(B) $77

(C) $52

Answer: A

Explanation:

$45 – 15 = 30

30 + 17= 47 she has now

Question 4.

Ron makes a kite. He sells the kite to Tony for $8, Who is the consumer?

(A) Ron

(B) Tony

(C) Both Ron and Tony

Answer: B

Explanation:

Tony is the consumer

A person who makes something is called a producer.

A person who buys something is called a consumer.

Question 5.

**Multi-Step** Maura has 90¢. She spends 15¢ on a bead and 10¢ on string. She makes a ring and sells it to a classmate.

Her classmate pays her the coins below.

How much money does Maura have now?

(A) 65¢

(B) 35¢

(C) $1.00

Answer: C

Explanation:

10 + 10 + 5 + 5 + 5 = 35 classmate paid

15 + 10 = 25

90 – 25 = 65

65 + 35 = 100

100 cents is equal to 1 dollar

Maura have $1