Supply
What is e-commerce?
What is electronic business?
Is butter inelastic or elastic?
What is elastic?
What type of economic system is in the United States?
What is a market?
Steve Jobs (founder of Apple) was an example of which factor of production?
What is an entrepreneur?
What is a good that lasts more than 3 year?
How many stages of production are there?
What is three?
Is gasoline elastic or inelastic?
What is inelastic?
North Korean, is an example of which type of economic system?
What is a command system?
How long is a durable good supposed to last?
What is something that lasts longer than three years?
Paying rent would be an example of what cost?
What is a fixed cost?
A change in price causes a proportionally LARGER change in quantity supplied, is what?
What is elastic supply?
How much a person is willing to pay is what?
What is demand?
Which economic system is based on rituals, customs, and/or traditions?
What is a traditional economic system?
Water would which factor of production?
What is land?
If you buy a charger for 9.00, what would the trade-off be for your money?
What is the charger?
An increase in supply, where does the supply curve shift (graph) to?
What is to the right?
If there are more Yes's in answering the determinants of demand, is it going to most likely be elastic or inelastic?
What is elastic?
If you are able to own your own business and able to decide what to produce, which type of economic system are probably part of?
What is a market economic system?
A food truck is considered to be which factor of production?
What is capital?
If you have a TOTAL cost of 2,000 and a VARIABLE cost of 500.00, what is your FIXED cost?
What is 1,500.00?
What is the equation to find the total cost?
What is variable cost plus fixed cost?
Which is a question to determinants of demand elasticity?
Can the purchase be delayed?
Does the purchase use a large portion of income?
Are adequate substitutes available?
If you are able to own your own house but have a lot of government involvement in the economy, which type of economic system are you probably part of?
What is a mixed economic system?
What are the four factors of production?
What is land, labor, capital, entrepreneur?
The social science that deals with production, distribution, and consumption of goods and services is...
What is economics?