All units econ

What team did Michael Jordan play for after the Chicago Bulls?

C+I+G+NX is the formula for

Opportunity cost is your most valuable tradeoff

Business with 2 or more owners that split profits and losses

Market structure with differentiated yet similar products. Very high level of competition

Type of labor that needs less than 30 days training

What term describes the money you spent on something that you cannot recover?

If a product has elastic demand, a decrease in price would create

Pollution is a

How do you do a Naruto run

Cost of raw materials is considered a

If a product has inelastic demand, an increase in price would create

If supply shifts to the right, what happens to market equilibrium price?

A cost benefit analysis happens when you:

Compared to perfectly competitive markets, market failures are

Which symbolizes a shortage?

Dave Grohl, founder of the Foo Fighters, was in what other notable ‘90s band?

An example of substitutes is:

Type of labor that needs a higher education, "white collar"

Highest level of competition. Prices are only determined by supply and demand

If you are deciding whether to spend more on one unit of a resource, what is this called?

According to the law of demand, as price increases for a good

An example of complementary goods is

On a demand curve, price and quantity demanded are...

Who was the first president to throw the ceremonial first pitch at a Major League Baseball game?

Which classical composer was deaf?

What country does the soccer player Cristiano Ronaldo come from?

Which symbolizes a surplus?

TikTok superstars AJ and Big Justice became famous for their affinity to which retail chain?

Someone is the sole owner of a business and assumes all profits and losses

Which band member famously left One Direction?

The popular meme of Leonardo DiCaprio laughing and holding a drink is from which movie?

Type of labor that needs more than 30 days of training but is no college degree

Labor is:

If demand shifts to the right, what happens to the market equilibrium price?

Which member of the Avengers had a brief stint as a pop star?

National defense is a

The economy where there is no private ownership of property

What's the name of the anthemic dance near the beginning of The Rocky Horror Picture Show?

Type of economy where work is often divided among gender lines.

The head of what kind of animal is front-and-center in an infamous scene from The Godfather?

For what movie did Steven Spielberg win his first Oscar for Best Director?

Human capital is:

On a supply curve, price and quantity supplied are

Lizzo plays what instrument?

If someone offers you $20 to help them move, what is the $20 called?

At its core, economics is about studying:

When making a decision, you are weighing the advantages and disadvantages of your option. What is this?

How long is a marathon?

Who was the first lead guitarist of Metallica?

In which sport would you perform a Fosbury Flop?

Process where unions negotiate with employers on behalf of the workers

In this type of union, you have to join the union after you're hired

Land is:

In which economy does the government determine the prices of all goods and services?

Which Super Bowl Halftime Show performer was upstaged by a dancing shark?

What wide receiver caused a sensation during his rookie season with a one-handed catch?

A business that has stock available for purchase, anyone can be a shareholder. Heavy taxation and government regulation.

A place where buyers and sellers do business (best description)

What type of race is the Tour de France?

When the price of a product decreases, there is a shift in the demand curve.

What is the stage name for the artist whose real name is Peter Gene Hernandez?

What is an economy where the government is involved in some choices but not all?

Rent for a factory building is considered a

(Unemployed/Labor Force) x 100 is the formula for

What is a PPF (Production Possibilities Frontier) graph supposed to measure?

Type of union where you have to join the union first before you're hired. Illegal now in the US

What type of economy does Adam Smith argue in favor of?

The subtle "big dog" and outstretched hand of which athlete became a popular meme?

Type of labor that needs a trade school degree or apprenticeship

An effective price ceiling causes a

An effective price floor causes a

What refers to the general increase in prices in an economy over a given month or year?

What is the only sport to be played on the moon?

What term explains why you would leave trash on the ground at a stadium when you otherwise wouldn't at home?

A business is the only one selling a product in a specific market

How do I calculate my profit?

A cartel, which is illegal in the US would be part of this market structure:

(C+I+G+NX)/Total population is the formula for

Which member of *NSYNC was a replacement for another who quit before they got big?

The economy where competition alone determines prices

GDP is meant to measure

What singer is known for the song "Hotline Bling?"

Where was Tupac Shakur born?

What factor of production plans everything and combines the other factors of production?

Which term describes how all resources are limited?