
Mini Society Vocab.
Authored by Helen Spyra
History
6th - 12th Grade
Used 53+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The quantities of a good or service that buyers are willing and able to purchase
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Having too much of a product.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Way in which an entrepreneur determines a price for a product.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Used in a market survey to help the entrepreneur price a product.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When there is only one seller of a product or service.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An individual who determines a need for a product in the marketplace.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The graph from your demand schedule that helps you determine the best price for your product.
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