SS weekly week 22

How much of a good or product you can buy

• demand

• supply

How much a person wants something

• supply

• demand

When there is too much of a good or product

• surplus

• clearance

When you give up something in order to buy something else that is called OPPORTUNITY COST

• True
• False

Goods and products coming into the USA from other countries is called (in the blue)

• import

• Export

Goods or products going to other countries from the USA (In the yellow)

• import

• export

A product being hard to find and rare makes the price go down

• True
• False

The product being easy to find and there are lots of it makes the price cheaper

• True
• False

Bonus question select the right answer

• Mrs.Hall is the worst

• Mrs. Hall is the best

Bonus: I love School!

• True
• False