Ch. 1 Review
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The process of choosing which needs and wants will be satisfied.
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A person who buys and uses goods and services
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An economy in which the resources are owned and controlled by the people of the country.
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Activities provided for the satisfaction of others that are consumed at the same time they are produced.
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The point where supply and demand are equal.
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The value of the next-best alternative that you were noble to choose.
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Things that are required in order to live.
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