Economics Review chapter 1 & 2 Dakota

How do you spell your teacher's name? 

Harvesting less corn than the land is capable of producing is an example of

Deciding to go to a ballgame rather than do your homework is an example of a(n)

Using a PPC can help to increase a company's

If a point falls directly on the Production Possibilities Frontier, what should we label it?

Which of the following buys goods for personal use?

Which of the following is an example of a trade-off?

To be a successful entrepreneur requires a willingness to

The satisfaction received from using one more unit of a good or service is called

Which is NOT considered a need?

In the Factor Market, households (individuals) are considered?

Which of the following is the United States economy considered?

Which of the following best describes wants?

An example of capital is

what does a point inside the curve of a PPC indicate?

Which of the following is NOT a factor of production?

Which of the following is a valuable investment in human capital? 

Which involves using resources to produce the maximum amount of goods and services?

In the US, who decides what will be produced?

what does the saying "there is no such thing as a free lunch" mean?

When a gov't decides the answers to the 3 economic questions, we consider that economy to be