EC-070
Someone who makes something
What is a producer
Number of consumer wants
WHat is unlimited
When a stove is used in a kitchen
What is a capital good
A good that makes people work better
capital good
Demand is part of what law
The law of demand
Someone who buys something
What is a consumer
Economic want
What is something bought
Humans are a what resource
Human Resorces
something that money can buy
Economic want
Supply is apart of what law
The law of supply
A grocery store classification
What is a trade industry
Noneconomic want
what is something not bought with money
Burning Coal is an example of what
What is using natural resorces
A non economic want
something that can't be bought with money
When supply is limited what goes up
Price
Trade industry services Description
What is Limited or full line services
Scarcity causes
What is price increase
When there is not enough of a resource
What is scarcity
what is an opportunity cost
the cost of doing one thing over another
When demand goes up what also goes up
Price and supply
The responsibility of company's To contribute to their community's
What is social responsibility
Consumer votes are cast when
What is purchasing
Weather can affect what resorce
Natural resorses
Economics is the study of what
WHat is meeting wants with limited resorces
Scarcity can cause what to increse
Price