Food, shelter and water can all be considered

Items essential to life are considered which of the following?

Items that are not essential to life BUT make it easier or more convenient are considered...

A television and internet are considered which of the following?

Which of the following describes something you can touch, use or consume?

Which of the following describes something someone else does for you?

Which of the following describes the location where a good or service is produced?

Which of the following describes the workforce or people used to create a good or service?

Which of the following describes the money used to produce goods and services?

Which of the following means having a limited amount of an item?

What I give up in a situation is considered an __________.

The amount of goods and services available for use.

The desire for goods and services can be considered...

People or businesses that make or sell products are considered...

People or businesses that buy or consume products are considered.

Getting a piece of candy for getting a correct answer would be an...

A factor that encourages people to act in a certain way is an ______.

On a graph of supply and demand, where the lines meet is considered the...

If the price of a product increases, companies will make less of it.

If the price of a product decreases, companies will make less of it.

If the price of a product decreases, people will buy more of it.

If the price of a product increases, people will buy more of it.

I had one dollar to spend at a gas station and bought a pack of gum instead of a candy bar. What is the opportunity cost?

I decided to eat pizza instead of a hamburger for lunch. What was the opportunity cost?