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U3 C1 Basics Economics Flashcards | StudBud
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U3 C1 Basics Economics
Something that motivates you to do something
Oil
U3 C1 Basics Economics
10 terms
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Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Oil
Capital
Entrepreneurship
Land (Natural Resources)
Labor
2
Something that motivates you to do something
Incentive
Infant
Inferior
Inception
3
"There are not enough resources to satisfy all of our wants and needs" describes
Uniformitarianism
Democracy
Serenity
Scarcity
4
Hammer
Capital
Labor
Land (Natural Resources)
Entrepreneurship
5
____________ going to make a 100 on this test!!!!
Your
There
Their
You're
6
The value of the option that was not chosen
Excise Tax
Opportunity Cost
Import Cost
Exploration Cost
7
What you gain from a decision
Cash Money
Disadvantage
Opportunity Cost
Benefit
8
Chef
Labor
Capital
Entrepreneurship
Land (Natural Resources)
9
Shift Supervisor
Capital
Land (Natural Resources)
Entrepreneurship
Labor
10
Founder of Apple
Land (Natural Resources)
Entrepreneurship
Labor
Capital