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Intro to buisness E Flashcards | StudBud
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Intro to buisness E
Intro to buisness E
10 terms
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StudBud Administration
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18 plays
Buisness
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Demand and supply meet is Called
Maket supply
Equilibrium price
Supply
Equilibrium
2
name an incentive
Water
Food
Fame
money
3
The raw materials found in natur are called ____
Economics
Capital
scarcity
natural resources
4
shortage of goods is called
Factor of production
Scarcity
Scar
Plentiful
5
what is a combination of a market and command economy?
Economics
Communism
Mixed economy
equalibrium
6
______is the amount of goods and services
Economy
Supply
Demand
Equilibrium
7
demand is
A need
A want
Amount or quantity of goods and services needed
Cost of goods and services
8
____are required to meet the changing wants and needs
Economics
Scarcity
Hawaii
Entrepreneurial resources
9
Command economy is when
Central authority make key decisions
Mixed economy
Supply is maximized
Ben konicov
10
Decisions that are made in a market place is called
Market ecomony
Need
Demand
Want
