Real ECON Exam 🏆

Front

Resources are _________.

Back

Scarce

Front

People ___________ have everything they want.

Back

can't

Front

A pair of $150 Nike shoes is an example of a ____________.

Back

want

Front

Every choice involves a(n) __________.

Back

opportunity cost

Front

People's skills and knowledge are examples of ___________ resources.

Back

human

Front

When you buy clothes, you are buying a ____________.

Back

good

Front

If you decide to play basketball, your next best alternative choice (example: watching TV instead) would be called the __________.

Back

Opportunity Cost

Front

Housing and food are examples of __________.

Back

Needs

Front

Water & Trees are ___________ resources.

Back

Natural

Front

The garbage man provides a __________.

Back

Service