Vocabulary
El Paso
High School
Teachers
Market Economy
100
simplified version of a complex concept or behavior expressed in the form of a graph, figure, equation, or diagram
What is economic model
100
Located on Alameda by Washington Park - restaurant
What is Chicos Tacos
100
located at 950 Bordeaux Dr.
What is Del Valle
100
teacher was previously a tutor
Who is Ms. Guerrero
100
someone who makes goods or offers services to pthers
What is producer
200
quantity of output supplied that is equal to the quantity demanded at the equilibrium price
What is equilibrium quantity
200
mall located on Geronimo Dr and Freeway
What is Bassett Mall
200
Located at 2430 McRae Blvd.
What is Eastwood
200
80% of his class is outside
Who is Coach
200
the was goods and services are produced and consumed
What is economy
300
group of firms producing similar or identical products
What is industry
300
Army base in El Paso
What is Ft. Bliss
300
Located at 5932 Quail Lane
What is Parkland
300
female English teacher
Who is Rosales
300
the financial gain received by selling something for more than it cost to make
What is profit
400
market structure having all conditions of pure competition except for identical products; a form of imperfect competition
What is monopolistic competition
400
______________ Canyon Amphitheater
What is Mckelligan
400
Located at 301 Midway Dr.
What is Riverside
400
Previously taught in a detention center outside of El Paso
Who is Mr. Luna
400
producers battling over who can make the most profit
What is competition
500
market structure in which a few large sellers dominate the market and have the ability to affect prices in the industry; form of imperfect competition
What is oligopoly
500
__________ Ariel Tramway
What is Wyler
500
located at 8600 Alameda Ave.
What is Ysleta
500
previously was in a band
Who is Mr. Ortega
500
the process of developing new, better things
What is innovation
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