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Economics Flashcards | StudBud

Explore/Economics

Economics

10 terms·StudBud Administration·29 plays

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Questions 10

Answers

1
need or want
need
want
2
need or want
need
want
3
What is demand?
how much people are willing and able to buy a good
when a karen demands to see the manager
relationship between people and their money
how many people want to buy a good
4
What does supply mean?
the workforce
the total amount of goods or services available to buy
money collected by the government
5
Advertising is a ______ for producers.
selling tool
none of these
consumer tool
buying tool
6
Supply and demand refers to the idea that...
Farming, crops, & cattle
Going to college.
The availability of a product, and the need for the product
The more food you have, the more you can eat.
7
What is an economic producer?
someone who only eats plants
someone who creates and supplies goods or services
someone who buys products
someone who goes shopping
8
A consumer is...
A person who creates products
A person who teaches economics
A person who consumes food
A person who buys and uses goods and services
9
What is alliteration?
the same syllable repeated in a sentence
the same word repeated in a sentence
The same letter or sound repeated at the beginning of words
10
need or want
want
need