Real ECON Exam 🏆
Flashcard
•
Business
•
8th Grade
•
Hard
Ashley Tobey
FREE Resource
Student preview
29 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Resources are _________.
Back
Scarce
2.
FLASHCARD QUESTION
Front
People ___________ have everything they want.
Back
can't
3.
FLASHCARD QUESTION
Front
A pair of $150 Nike shoes is an example of a ____________.
Back
want
4.
FLASHCARD QUESTION
Front
Every choice involves a(n) __________.
Back
opportunity cost
5.
FLASHCARD QUESTION
Front
People's skills and knowledge are examples of ___________ resources.
Back
human
6.
FLASHCARD QUESTION
Front
When you buy clothes, you are buying a ____________.
Back
good
7.
FLASHCARD QUESTION
Front
If you decide to play basketball, your next best alternative choice (example: watching TV instead) would be called the __________.
Back
Opportunity Cost
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