HAWAII SUBSTITUTE TEACHER
CERTIFICATION SCRIPT 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
◍ In 2016, Kai Lenny featured in a video showcasing foil boarding for the first
time. It went viral. What happened to the market for foil boards?.
Answer: Demand shifted up/right - Increase (more people wanted to try and
buy one)
◍ If, in a given market, you have three consumers (which will consume at
most one unit of a good each) and three producers (which can produce at
most one unit of the good each), what is the welfare maximizing quantity of
production for this society?.
Answer: It depends on the specific values attributed to the good by the
consumers versus the production costs of the sellers
◍ List 3 things procedures are designed to do..
Answer: Increase time on task Reduce classroom disruptions Create
an orderly environment
◍ A teacher may choose a few activities and post a list so that students know
exactly what they may do if they ________ ..
Answer: finish (tasks) early
◍ What is the best way to help student retain information?.
Answer: Teach concepts in a variety of contexts and conduct periodic
review (formative assessment).
◍ According to UHERO - the Economic Research Organization at the
University of Hawaii, the average delay for a permit to build housing in
Hawaii is three times the national average. How does the Hawaii housing
market compare to the US mainland?.
, Answer: Housing supply in Hawaii is more inelastic than the mainland
◍ Government imperfections, Flaws as a market correction mechanisim.
Answer: Taxes, subsides, regulationWaste (missing trillions at
pentagon)Corruption (hawaii rail)Regulatory Capture (private industry
influence over over gov)
◍ _______________: Section 302A 1141 HRS, provides that no physical
punishment of any kind may be inflicted upon any pupil as punishment for
the students behavior..
Answer: Corporal Punishment
◍ Externalities.
Answer: -Represent costs or benefits borne by people other than the buyer
and the seller-Can theoretically be corrected with taxes (for negative
externalities) or subsidies (for positive externalities) of the right
magnitude-Are a case where the competitive market equilibrium is not the
most efficient social outcome possible
◍ At the market equilibrium price.
Answer: The quantity demanded is equal to the quantity supplied
◍ In 1968 the Hawaiian Supreme Court led by Chief Justice William
S. Richardson ruled that Hawaiian Beaches could not be privately owned, so
the public could have legal access to all Hawaii shorelines. As the use of
beaches is largely non-rivalrous, this ruling turned a _____ _____, into a
_____ _____..
Answer: Club Good, Public Good
◍ When a buyer and a seller both have property rights over their possessions.
Answer: both the buyer and the seller must agree for an exchange to be
legal,the buyer has to make the seller better off in order to convince them to
part with their product,the seller has to make the buyer better off in order to
convince them to part with their money,if either the buyer or the seller does
not agree, the other party cannot unilaterally force them to make a trade,it
ensures that both the buyer and the seller will gain from transactionsAll of
, the above
◍ Economics is the study of.
Answer: The use of scarce resources which have alternative uses
◍ What public policy could eliminate Hawaii's traffic problems without any
need to build additional infrastructure?.
Answer: Road congestion tolls
◍ List the steps in the writing process in order..
Answer: Pre-writing Composing Sharing/Getting audience feedback
Revising Editing Publishing
◍ How many interested parties are there to a transaction that confers an
externality?.
Answer: More than 2 - Buyer, seller and 3rd party that is inadvertently
affected (externality). It could be positive or negative
◍ Money.
Answer: Emerges spontaneously in a market economy due to the high
transactions costs associated with barter
◍ Laffer Curve.
Answer: shows the relationship between the size of the tax and tax revenue
◍ Teachers on HPU's Economics for Hawaii Teachers Course tell all their
colleagues about what a great experience they had. What happens to the
market for this course?.
Answer: Demand shifts waaaaaaaaaaaay right
◍ Demand curves.
Answer: -Represent the willingness to pay for a particular good of all the
buyers in an economy ordered from highest to lowest-Have a negative
slope-Imply that in a market economy the most important uses for a good
will be undertaken first-Are customarily depicted as a straight line for
simplicity-Are constantly changing with consumer preferences-Exist, but
are not feasible to measure in practice
CERTIFICATION SCRIPT 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
◍ In 2016, Kai Lenny featured in a video showcasing foil boarding for the first
time. It went viral. What happened to the market for foil boards?.
Answer: Demand shifted up/right - Increase (more people wanted to try and
buy one)
◍ If, in a given market, you have three consumers (which will consume at
most one unit of a good each) and three producers (which can produce at
most one unit of the good each), what is the welfare maximizing quantity of
production for this society?.
Answer: It depends on the specific values attributed to the good by the
consumers versus the production costs of the sellers
◍ List 3 things procedures are designed to do..
Answer: Increase time on task Reduce classroom disruptions Create
an orderly environment
◍ A teacher may choose a few activities and post a list so that students know
exactly what they may do if they ________ ..
Answer: finish (tasks) early
◍ What is the best way to help student retain information?.
Answer: Teach concepts in a variety of contexts and conduct periodic
review (formative assessment).
◍ According to UHERO - the Economic Research Organization at the
University of Hawaii, the average delay for a permit to build housing in
Hawaii is three times the national average. How does the Hawaii housing
market compare to the US mainland?.
, Answer: Housing supply in Hawaii is more inelastic than the mainland
◍ Government imperfections, Flaws as a market correction mechanisim.
Answer: Taxes, subsides, regulationWaste (missing trillions at
pentagon)Corruption (hawaii rail)Regulatory Capture (private industry
influence over over gov)
◍ _______________: Section 302A 1141 HRS, provides that no physical
punishment of any kind may be inflicted upon any pupil as punishment for
the students behavior..
Answer: Corporal Punishment
◍ Externalities.
Answer: -Represent costs or benefits borne by people other than the buyer
and the seller-Can theoretically be corrected with taxes (for negative
externalities) or subsidies (for positive externalities) of the right
magnitude-Are a case where the competitive market equilibrium is not the
most efficient social outcome possible
◍ At the market equilibrium price.
Answer: The quantity demanded is equal to the quantity supplied
◍ In 1968 the Hawaiian Supreme Court led by Chief Justice William
S. Richardson ruled that Hawaiian Beaches could not be privately owned, so
the public could have legal access to all Hawaii shorelines. As the use of
beaches is largely non-rivalrous, this ruling turned a _____ _____, into a
_____ _____..
Answer: Club Good, Public Good
◍ When a buyer and a seller both have property rights over their possessions.
Answer: both the buyer and the seller must agree for an exchange to be
legal,the buyer has to make the seller better off in order to convince them to
part with their product,the seller has to make the buyer better off in order to
convince them to part with their money,if either the buyer or the seller does
not agree, the other party cannot unilaterally force them to make a trade,it
ensures that both the buyer and the seller will gain from transactionsAll of
, the above
◍ Economics is the study of.
Answer: The use of scarce resources which have alternative uses
◍ What public policy could eliminate Hawaii's traffic problems without any
need to build additional infrastructure?.
Answer: Road congestion tolls
◍ List the steps in the writing process in order..
Answer: Pre-writing Composing Sharing/Getting audience feedback
Revising Editing Publishing
◍ How many interested parties are there to a transaction that confers an
externality?.
Answer: More than 2 - Buyer, seller and 3rd party that is inadvertently
affected (externality). It could be positive or negative
◍ Money.
Answer: Emerges spontaneously in a market economy due to the high
transactions costs associated with barter
◍ Laffer Curve.
Answer: shows the relationship between the size of the tax and tax revenue
◍ Teachers on HPU's Economics for Hawaii Teachers Course tell all their
colleagues about what a great experience they had. What happens to the
market for this course?.
Answer: Demand shifts waaaaaaaaaaaay right
◍ Demand curves.
Answer: -Represent the willingness to pay for a particular good of all the
buyers in an economy ordered from highest to lowest-Have a negative
slope-Imply that in a market economy the most important uses for a good
will be undertaken first-Are customarily depicted as a straight line for
simplicity-Are constantly changing with consumer preferences-Exist, but
are not feasible to measure in practice
