Econ 101

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Can you name the Econ 101?

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

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Created Jan 7, 2011ReportNominate
Tags:101, econ