events
The production, distribution, and consumption of goods and services.
What is economics?
Anything produced or made.
What are goods?
What are natural resources?
what season did The reaper come out for battle pass
season 3
Giving something up, when we choose something else.
What is opportunity cost?
Jobs people do for others.
What are services?
These are goods made to produce other things.
What are capital resources?
Mr. Welchert bought a pink ballet tutu for his daughter. In the economics world, this makes him a..
What is a consumer?
The amount of goods or services people are willing to buy.
What is demand?
Something nice to have, but not necessary for survival.
What are wants?
The people that staff and operate a business or organization.
What is a human resource?
When a resource is limited in its availability.
What is scarce?
Something necessary for survival.
What is a need?
Someone who uses goods or services.
What is a consumer?
These are human resources, such as wage earning workers.
What is labor?
These two concepts work together to impact the price of goods and services.
What are supply and demand.
When there is not enough to go around.
What is scarcity?
The amount of goods and services available.
What is supply?
The person or group that gathers resources.
What is an entrepreneur?
About 700 pounds, on a good day, with the wind at his back.
What is how much wood could a woodchuck chuck, if a woodchuck could chuck wood?
what wepon was in for less than a day
Zapatron.