Tortoise
If 2 to 5 firms control a large % of a market, the market is said to be.....
Concentrated
The country that has the largest income per person (as measured by GDP per capita in US dollars)
Luxembourg
1492, this guy sailed the ocean blue
Columbus
Taxes on Imported Goods
Tariffs
Walnut
•Street Lighting
•Sewage and Waste Disposal
•Firework Displays/Holiday Decorations
These are examples of.....
Public Goods
Largest building in the world, at 823 meters.
Burj Khalifa
In 1985 this ship was 'discovered' by a U.S. Navy expedition led by Robert Ballard
The Titanic
the amount of product you can import into a country at a time
Quota
Sea Urchin
When an individual makes the correct decision for him/herself, but those prove to be the wrong decisions for the group
negative externalities
The highest mountain at 8848 meters.
Mnt. Everest
James Watson and Francis Crick in 1953
DNA
goods and services purchased from other countries
Imports
Armadillo
personal costs + external costs
Social Cost
It weighs up to 400,000 pounds (approximately 33 elephants) and reaching up to 98 feet in length
Blue Whale
The Viking who discovered Greenland
Erik the Red
Organization forming a coalition of nations that make rules governing international trade
WTO
Chambered Nautilus
The aggregate demand formula
AD = C + I + G +(X-M)
the world's richest person this Friday morning, with an estimated net worth of $186.3 billion—putting him $300 million above Jeff Bezos and 1 billion above Elon Musk
French fashion tycoon Bernard Arnault, LVMH
Whose tomb was discovered in 1922
King Tut
The political policy of imposing duties or quotas on imports in order to PROTECT home industries from overseas competition
Protectionism