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Making Economic Decisions Chapter 7 Flashcards | StudBud
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Making Economic Decisions Chapter 7
Making Economic Decisions Chapter 7
10 terms
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StudBud Administration
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58 plays
Will Investigate How and Why Individuals And Groups Make Economic Choices
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
All The Goods And Services One Desires And Would Obtain If He/She Could
Wants
A Baby-Daddy
Sleep
Chicken
2
The Study Of How Individuals, Firms, And nations Can Best Allocate Their Limited Resources
Economics
Business
Working
Chicken
3
The Last Factor Of Production
Entreprenuership
Workers
Panda
Working Hard
4
Productivity
Haha
Getting corn from the field
the state or quality of producing something
Working hard for money
5
Not Only the Property on Which a Production Plant is built, But All The Natural Resources Also
Land
Here
Ocean
Bathroom
6
What Are The Four Basic Factors Of Production ?
Land,Labor,Capital,and Entrepreneurship
The Big Word, And Water
Your Mom, Sister, And Land
Land,Bestfriends,Labor,And Chicken
7
The Work Somebody Does
Factor
Time
Monaaa
Labor
8
All Of The Raw Material In Nature Used To Produce What Humans Need Or Want
A Tree
Natural Resources
The Bathtub
Naturela
9
The Things People Must Have To Live
Needs
Social Media
Wants
IPhones
10
Refers To All The Structures And Equipment Involved In The Manufactoring Business
The Presidential Electon
Ariel
Donald Trump's Business
Capital