Econ 101

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Can you name the Econ 101?

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

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Created Jan 7, 2011ReportNominate
Tags:101, econ