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Yr 8 - Business and Economics - Key Terms Flashcards | StudBud
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Yr 8 - Business and Economics - Key Terms
Yr 8 - Business and Economics - Key Terms
10 terms
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Questions
10
Answers
1
Match the definition with the term:
resources
trade-off
wants
needs
2
Match the definition with the term:
producer
interdependence
consumer
opportunity cost
3
Match the definition with the term:
strategies
trade-off
objectives
interdependence
4
Match the definition with the term:
law of demand
objectives
interdependence
law of supply
5
Match the definition with the term:
strategies
for-profit business
price mechanism
not-for-profit business
6
Match the definition with the term:
producer
entrepreneur
consumer
business
7
Match the definition with the term:
resources
wants
strategies
needs
8
Match the definition with the term:
for-profit business
producer
entrepreneur
not-for-profit business
9
Match the definition with the term:
business success
law of demand
law of supply
trade-off
10
Match the definition with the term:
business planning
business success
budget
objectives