People are an example of what type of resources?

The study of how a society chooses to use resources to produce and distribute goods and services for people's consumption is called?

What are the factors of production?

Buildings, materials, and equipment used to produce goods and services are called?

_____________________________are individuals who start and direct businesses to produce goods and services to satisfy the needs and wants of people.

Examples of natural resources are?

Which of the following examples is not considered a need?

Any activity that seeks profit by providing goods or services to others is called?

The contest between businesses to win consumers is called?

A person who selects, purchases, uses, or disposes of goods and services is a?

The amount of money left over after a business has paid for the cost of producing its goods and services is called?

Which is an example of a public want?

Private wants are satisfied by local, state, and federal governments.

The group of people identified as most likely to become customers are called?