An amount of something that is extra or left over after all needs are met
What is surplus
Mayor of Red Bank
What is William "Billy" Portman
A person or business who creates, grows or supplies goods to customers.
What is a producer
When there is more demand in something than supply.
What is Scarcity
__________ means to focus on making one good or service to sell or trade.
What is Specialization
What ocean is closest to NJ
What is Atlantic Ocean
New Jersey is know as the _______ state
What is Garden State
What term means to buy, sell, or exchange a good or service for something else you want or need?
What is trade
NJ is located in what region of the U.S.
What is Eastern
__________ is/are the value of what you give up when you make a choice.
What is Opportunity Cost