Which of the following is a human resource?

Which is NOT a resource used to supply energy?

Which is an example of a need?

Which of the following is an example of a capital resource?

A want is: Something that makes life more happy and _________ but not _________ to survive.

A sewing machine would be an example of a .....

A teacher is an example of a.....

Joe was shopping for a truck. He has looked at similarly priced Ford, Chevrolet, and Ram models. After a lot of thought, he narrowed it down to either the Ford or the Chevrolet. He selected the Ford because he liked the interior a little better. What was his opportunity cost?

When we dig and find gold underground, we are finding what type of resouce?

The definition of a need is: Something that is essential for life and ________ to __________.

TRUE or FALSE: We can have everything that we want because we have unlimited resources.

Michael was invited by a friend to go fishing on Friday. His parents are going to a concert. Michael chooses to go fishing with his friend. What is the opportunity cost of his choice?

Scarcity means:

Mrs. Smith has a class of 25 students that need to type a paper, but she only has 10 laptops available for them to use. Mrs. Smith is experiencing...

Which one of the examples is a need and why?

A bakery has only a few ingredients to make their products.  They could bake muffins or cookies, but they can’t make both.  The bakers decide to make cookies for their customers.  What is the opportunity cost of their decision?

An economic concept is "What you have to give up in order to get something else." It is your 2nd BEST ALTERNATIVE.  This statement defines...

Ashton tried out for cheer leading and made the varsity team. She can choose to cheer for football or basketball. She chooses to cheer for football. What is the opportunity cost of her choice?

Opportunity Cost is best defined as...

Alex is studying for a math quiz, but his favorite TV show just started. If he studies for the quiz, he will miss out on watching the show. Alex decides not to watch the show and continues studying for the quiz. What is the opportunity cost of his decision?

There are 18 students that want to use blue poster board for their project, but there are only 6 pieces of blue poster board available. This is an example of _______.

The labor, skills, and talents supplied by people are...

What type of resources (minerals, plants, soil, animals) are used by countries to produce goods?

Which is NOT a capital resource?

Lydia brought a salad for lunch. Michelle is ordering pizza and asks Lydia if she would like to order pizza too. Lydia decides to eat her salad.

What is the opportunity cost of her choice?

Which is NOT a nonrenewable energy resource?

Scarcity requires people to make ___________.

What capital resources would you choose if you were crafting a wooden table?

Water, wind, and sun are what type of resource?