POBF 1.01 Economic Decisions & Systems

The price of a good or service can be influenced by all of the following except

A person who buys and uses a good and service is the 

The value of the next-best alternative that you were not able to chose is referred to as the 

Which of the following is a good?

Which of the following is not an economic resource to produce chocolate?

How many economic questions are there?

Not having enough resources to satisfy every need is referred to as 

True/False:  Economics is important part of the world we live in.

True/False:  An entrepreneur is one type of human resource.

The method a country uses to answer the three economic questions is referred to as a 

An example of a natural resource is

Mixed economies combine elements of which two economic systems?

Things that are available to be used to produce goods and services are called

The quantity of a good or service that businesses are willing and able to provide is the

In what type of economy are goods and services produced the way it has always been done?