Miscellaneous Quiz / Econ 101

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Can you name the Econ 101?

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

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