I don't know, intro to macro???

What do households give businesses in the product market?

A system deviced to meet the problem of scarcity in all societies

Whoever can produce more with the resources they have has what?

What do businesses give to households in the resource market?

Producing goods that society wants at the time is what?

PPC, what does it stand for?

In which economic system are the resources privately owned?

What is producing in the least costly way?

Which of these is not a factor or production?

Why are economic systems developed?

Where is a firm allocatively efficient?

What is a trade off?

What is an opportunity cost?

Whoever has the lowest opportunity cost of producing a good or service has what?

Which one of these are classified as a property resource?

Which one of these is a uhh.. causes economic growth?