Econ 101

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Can you name the Econ 101?

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

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Created Jan 7, 2011ReportNominate
Tags:101, econ