Random
This team won the super Bowl this year.
What is Kansas City Chiefs?
The term for when you exchange one thing for another things that is of more value to you.
What is tradeoff?
This term describes the unseen forces that drive decision-making in the market.
What is the invisible hand?
This number represents the # of boys from Anamosa High School who qualified for state wrestling this year.
What is 5?
This number represents the # of girls that placed at state wrestling this year from Anamosa High School.
What is 3?
The term that means unlimited wants & limited resources.
What is scarcity?
This term represents anything that motivates or encourages you to do something.
What is incentive?
A temporary condition in which the the supply in the market is unable to meet the demand.
What is shortage?
This man was known as the father of economics.
Who is Adam Smith?
This school has taken 3 head coaches from Anamosa within the last 4 years.
What is Solon?
The term that that represents when the satisfaction from consuming an additional good decreases.
What is diminishing marginal utility?
The name of the greatest President in the history of the United States.
Correct
The United States recently shot down a spy baloon(s) from this country.
The Anamosa girls basketball team defeated this school this year.
What is North Cedar?
When the consumption of an additional unit becomes "harmful" and the costs outweigh the benefits.
What is negative utility?
The current U.S. National debt.
What is somewhere between 31&32 trillion dollars.
Define marginal utility.
What is the satisfaction gained from the consumption of an additional unit of a product or good?
The term that describes capitalism and free market economics.
Laissez-Faire
Define opportunity cost.
What is the value of the next best alternative?
Mr. Spore is the softball coach at this school.
What is North Linn?
The date of the last time that I was sick.
What is April 27, 2019.
What is 15?
The name of a famous artist who was born in/around Anamosa.
Who is Grant Wood?
This school has one 4 straight 2A state baseball championships.
What is Van Meter?
How many inches of snow did Iowa City receive during the blizzard of 1951?
What is 27.2 inches? That is a lot!