Entrepreneurship and Economy

True or false? Trade barriers are goverment restrictions on trade.

What is the economic system when the government controls the economy

As supply goes up demand goes ___?

True or false? Supply is how willing customers are to buy the product.

What are the types of economic systems?

If a Bussiness cannot make a profit from one sale can it make a profit?

_____ are goods going out of the country and to foreign consumers

_____ are goods going out of the country and to foreign consumers

Whats an example of a command economy

What's another word for market economy?

____ are goods coming in from another country