Miscellaneous / Econ 101

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Can you name the Econ 101?

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

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