Econ 101

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Can you name the Econ 101?

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

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Created Jan 7, 2011ReportNominate
Tags:101, econ