Econ 101

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Can you name the Econ 101?

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

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