Maximizing your own interests, be they happiness or profit, is known as this.
What is Self-Interest?
100
The willingness to SELL specific quantities of a good at different prices at any given time is known as this.
What is Supply?
100
There are this many Determinants of Supply.
What is 6?
100
"What someone is willing to pay for a good or service."
What is "Price"?
100
A week from Saturday will be this spooky holiday.
What is Halloween?
200
This is what it takes to produce a good or service.
What is Cost?
200
Selling a product below Equilibrium Price will result in one of these.
What is a Shortage?
200
There is "no accounting for this" - it is the Economic term for Consumer Preferences.
What is Taste?
200
"When sellers supply MORE than the quantity demanded at a given price."
What is a "Surplus"?
200
Bruce Banner is better known by this large nickname.
What is "The Incredible Hulk"?
300
The "Goals" in Economic transactions are divided into three unique groups of "people" - Consumers, Businesses, and this group.
What is Government?
300
The Equilibrium Price is where the Supply and Demand Curves cross, and thus the Quantity Supplied equals this.
What is the quantity demanded?
300
More than just computers, it is the process used to turn inputs into outputs.
What is Technology?
300
"Amount received for goods or services during a specified time period."
What is "Income"?
300
CPT Keene, the Counselor, was a member of these TWO Military Branches.
What are the Army and the Marines?
400
They are the three Functions of money (and how money is defined).
What are medium of exchange, unit of accounting, and store of value?
400
While most Supply and Demand Curves actually "curve", a product like a life-saving operation would have a Demand Curve that does this.
What is "goes straight up and down" (is vertical)?
400
These two Determinants can affect both Supply AND Demand Curves.
What are Substitutes and Expectations?
400
"The number of other sellers of the same product."
What is Competition?
400
Today marks the 57th Birthday of Actor Viggo Mortensen, who is most famous for playing the role of this heir-to-the-king and Ranger in the Lord of the Rings films.
Who is Aragorn?
500
One of the more interesting examples of "money," the people in Bafia once used this starchy kitchen utensil as currency.
What are potato mashers?
500
He was the Philosophe during the Enlightenment known as "The Economist," who first theorized Supply and Demand Curves, and he believed in an "invisible hand" that guided economics.
Who is Adam Smith?
500
This Industry receives more Government Subsidies than any other, and sometimes is even paid NOT to produce a good.
What is Agriculture?
500
It says that "The Quantity of a Good Produced increases as its price increases."
What is "The Law of Supply"?
500
On Oct. 20, 2011, this longest-serving leader in Africa and the Arab World was assassinated. Many viewed his Dictatorship over Libya as inhumane and evil. (Last name alone will suffice)