Econ 101

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Can you name the Econ 101?

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

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Created Jan 7, 2011ReportNominate
Tags:101, econ