Year 12 Micro economics
Authored by Hollie Labunsky
Social Studies
11th - 12th Grade
Used 1+ times
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51 questions
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1.
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1 min • 1 pt
The factor of production that includes machinery, broadband, lorries etc
2.
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1 min • 1 pt
The factor of production that includes workers, employees etc
3.
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1 min • 1 pt
What is the 'reward' for enterprise
4.
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1 min • 1 pt
What is the 'reward' for land?
5.
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1 min • 1 pt
Resources are often described as being....
6.
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1 min • 1 pt
The next best alternative foregone, or what you give up when you make a choice
7.
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1 min • 1 pt
PPF: PRODUCTION POSSIBILITY.....
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