Econ 101

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

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Created Jan 7, 2011ReportNominate
Tags:101, econ