Econ 101

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Can you name the Econ 101?

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An economy where the government answers all three economic questions
One of the three economic questions
Bears eat...
A change in output generated by adding one more unit of input
Minimum price level
What planet is not named after a god?
People who buy things
Goods used to replace other goods
What is the date of the 2011 WHS Prom?
Free exchange of goods and services
When sellers agree to set production levels or price levels
Consumers
Production costs that don't change
What people carry in their wallets
A person who studies economics
When demand exceeds supply
Exclusive right to produce, use, rent, and sell an invention
The impulse that encourages people to fulfill their wants and needs
Another name for Authoritarian Socialism
What shirt did Mr. Wies wear on January 10th?
One good sacrificed for another
Money remaining after expenses
Maximum price level
A cost that changes as the output changes
When government decides distribution of a product
Opposite of Elastic Demand
Encouragement to behave a certain way
How many of the Jonas Brothers have diabetes?
A small price change causes a large change in demand
Businesses that are owned collectively by their members
HintAnswer
The use of technical knowledge and methods to create new products or make existing products more efficient
Who hosted SNL on January 8th?
When supply is more than demand
People who make things
Sum of the fixed and variable costs
A pizza a bicycle and a tennis shoe are...
Limitations of the price system
Rules to product the public
What element has the highest Electron Affinity?
Producers
An economy based on society's customs
Business owned and controlled by two or more people
One of the three economic questions
Economic rivalry that exists between businesses selling the same or similar products
The desire to make money
Goods exchanged illegally
Amount of a good or service consumers are willing or able to buy
Economy where individuals answer the three economic questions
When did Mr. Wies graduate Waukee High School?
Tv Product
What room number is this?
One of the three economic questions
McDonalds is an example of this type of business organization
Lessening in value
Part ownership of a corporation
Payments from government to private businesses
Goods used with other goods
Additional costs of producing one more unit of output
When one seller controls all production of a good
Fixed Costs

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Created Jan 7, 2011ReportNominate
Tags:101, econ