Economy Quiz

wealth in terms of money or assets...

• capital

• expenses

• goods

• services

the cost required for something; the money spend

• capital

• expenses

• goods

• services

A schedule of how much producers are willing and able to produce and sell at a price...

• supply

• demand

• capital

• expenses

a schedule of how much consumers are willing and able to buy at a price...

• supply

• demand

• goods

• capital

items you buy...

• goods

• services

• capital

• demand

actions that are done for someone else...

• goods

• services

• capital

• supply

goods and services that are not necessary...

• wants

• capital

• needs

• demand

goods and services that are required...

• needs

• wants

• services

• goods

a person who organizes and operates a business, taking on risks in order to do so...

• entrepreneur

• goods

• capital

• services

a person who purchases goods or services for personal use...

• consumer

• entrepreneur

• capital

• demand