Economics 5th Grade

An action that someone does for someone usually for a price is a (an)

The amount of money left from your store after all your expenditures is your?

Two businesses are selling the same product, one owner lowers their price this is an example of

A group is selling cake. To produce more one student has an idea to__ by using an assembly line

The plan someone has for spending and saving money is a? 

If the supply of oil increases a lot and nothing changes, we can expect the price of oil to:

The part of a person's income that is not spend on goods, services, or other things is called 

Money is important to our economy because 

In an auction, the price of an item sold is determined by? 

A person who starts a business is a (an)

Joe wants a ball & gum, he only has money for one. He buys the gum, the opportunity cost is the

________________ describes how people must depend on each other to provide goods and services?

When a person makes an economic decision, they should compare both the costs and the _______?

Government services like, roads, bridges, army, and navy are paid for through

Who is the buyer of goods and services?