Scarcity

If 5 people want an ice-cream, is there a scarcity?

• Yes, there is a scarcity.

• No, there is not a scarcity.

Not having enough of something is called _________.

• choices
• benefit
• opportunity cost
• scarcity

things purchased by consumers

• goods

• consumer

• producer

• supply

A person who provides a good or service

• producer

• need

• want

• consumer

A person who purchases a good or service

• consumer

• taxes

• supply

• good

What does a farmer provide?

• good

• service

What does a baby sitter provide ?

• good

• service

What does a coach provide?

• good

• service

If you made cookies and sell them at school what are you ?

• good

• service

• producer

• consumer

People who go to Zesty's for custard

• consumer
• producer