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Yr 7 - Economics and Business - Key Terms Flashcards | StudBud
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Yr 7 - Economics and Business - Key Terms
Yr 7 - Economics and Business - Key Terms
10 terms
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Flashcards
10 cards
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Questions
10
Answers
1
Match the definition with the term:
business
consumer
producer
budget
2
Match the definition with the term:
business
for-profit business
not-for-profit business
opportunity cost
3
Match the definition with the term:
wants
needs
producer
resources
4
Match the definition with the term:
opportunity cost
not-for-profit business
trade-off
for-profit business
5
Match the definition with the term:
trade-off
resources
opportunity cost
budget
6
Match the definition with the term:
produce
desires
wants
needs
7
Match the definition with the term:
opportunity cost
trade-off
consumer
business
8
Match the definition with the term:
consumer
sole trader
producer
corporation
9
Match the definition with the term:
needs
wants
business
resources
10
Match the definition with the term:
producer
not-for-profit business
consumer
buyer
