Easy2
When the amount of money a person or company makes spends is more than they make.
What is loss?
When a person or company makes more money than they spend.
What is gain?
Money the government collects from people and businesses to pay for public goods and services.
What is tax?
The study of buying, selling, and making of goods and services.
What is economics?
When there is a amount of a product.
When someone preforms a task for others.
What is service?
When someone makes an item and sells it.
What is producer?
What is tax?
Money the government collects from people and businesses to pay for public goods and services.
When there is a low amount of a product that people want.
What is scarcity?
When someone uses or eats a product. (for example, a person who eats a burger from a burger place.)
What is consumer?
When there is a stock of an item.
What is supply?
What is consumer?
When someone uses or eats a product. (for example, a person who eats a burger from a burger place.)
What is supply?
When there is a stock of an item.
What is loss?
When the amount of money a person or company makes spends is more than they make.
When someone produces a product.
What is entrepreneur?
When every one has to play a part in a business for it to work. (for example, the game Among Us,every one has to do their part to survive)
What is specialization?
Who is the best teacher? (hint, *WARD*)
Coach,ward
What is scarcity?
When there is a low amount of a product that people want.
What is opportunity cost?
when someone gives one item for another, or when someone picks one thing to do over another. (for example, when a person sleeps instead of studying)
when someone gives one item for another, or when someone picks one thing to do over another. (for example, when a person sleeps instead of studying)
What is opportunity cost?