Show:
Vocab
The Economic Problem
Economic Theory
Opportunity Cost and Choice
Random
100
The physical and mental effort used to produce goods and services.
What is labor?
100
The concert you went to.
What is a service?
100
The opinion of an economist?
What is the normative economist statement?
100
The estimated cost of tuition at CCSU.
What is $8,000.
100
The first cable news network.
What is CNN?
200
Stew Leonard is one.
What is an entrepreneur?
200
Arbor Day celebrates one of these.
What is a natural resource?
200
One more, additional, etc.
What is marginal?
200
You say "shoulda", "woulda", "coulda" after this passes.
What is a lost opportunity?
200
Grendel is a character in this novel.
What is Beowulf?
300
Corn, Peas, and Carrots are all this.
What are goods?
300
The John Hancock Tower is one.
What is a capital good?
300
It requires time and information.
What is choice?
300
The opportunity lost.
What is the opportunity cost?
300
Sheldon Cooper is a character in what TV show?
What is the Big Bang Theory?
400
The hour you waited to see the doctor.
What is sunk cost?
400
It's not unlimited.
What is scarcity?
400
The leading role in the economy.
What are households?
400
This would reduce the opportunity cost of college.
What are scholarships?
400
The host of Jeopardy.
Who is Alex Trebek?
500
This is used when Pepsi wants to know how much raising the price will affect its sales.
What is the economic theory?
500
Because all goods involve a cost.
What is no free lunch?
500
The model we couldn't do?
What is the Circular-Flow Model?
500
What is the tuition at UCONN?
What is $8,500?
500
The original name of Nickelodeon.
What is Pinwheel?