Economics

Supply is the amount of something, either a good or service, that is available to consumers

A car wash is a _____

There are 100 people waiting in line at the shoe store. There is a _____ demand for shoes.

The physical space a business occupies is known as ____

What are natural resources?

Sam needs new appliances and ingredients for her restaurant. Sam needs more of this factor of production

What is an example of a free good?

What is an example of capital?

Opportunity costs have ______ and _______ costs

Demand is how much people want an item/service

Someone who organizes a business and takes risks on decisions for financial gain is a ________

Getting your car fixed by a mechanic is a _______

What are human resources?

A sweatshirt is a _______

People who use and buy goods are known as consumers

A backpack is a ______

Bob was hired as a builder. Bob is an example of this factor of production.

The opportunity cost of any action is simply the next _____ alternative to that action.