economics

what is supply?

• how many people want it

• who wants it

• how much of something you have

• none of the above

what is demand ?

• the supply

• how much people want it

• the people

• none of the above

what is a trade-off?

• trading with another country

• the opportunity cost

• when people buy something

• when people want something

what is scarcity ?

• a low supply of something

• having want of something

• not having enough of something

• having to much of something

what is surplus ?

• having to much of something

• what you want

• I don't know

• none of the above

what is international trade?

• countries trade with one another

• import and export

• none if the above

• I don't know

what is specialization ?

• what a country is bad at

• its what a country is gooooooood at

• to make something custom

• none of the above