The highest valued alternative given up as a result of making a choice.

Econ Final Exam Review

Flashcard
•
Other
•
KG - University
•
Hard
Quizizz Content
FREE Resource
Student preview

44 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Opportunity Cost
2.
FLASHCARD QUESTION
Front
The physical and mental efforts people use to create goods and services.
Back
Human Resources
3.
FLASHCARD QUESTION
Front
The buildings, tools, and machines people create and use to produce final goods and services.
Back
Capital Resources
4.
FLASHCARD QUESTION
Front
Unaltered gifts of nature like soil, minerals, timber, and fresh water.
Back
Natural Resources
5.
FLASHCARD QUESTION
Front
______ means that an inequality exists between wants and the resources available to satisfy them.
Back
Scarcity
6.
FLASHCARD QUESTION
Front
The study of the economy as a whole
Back
Macroeconomics
7.
FLASHCARD QUESTION
Front
The study of individual consumers and businesses
Back
Microeconomics
Create a free account and access millions of resources
Similar Resources on Quizizz
35 questions
AP Micro Final Review

Flashcard
•
11th - 12th Grade
40 questions
Supply and Demand

Flashcard
•
11th - 12th Grade
39 questions
Unit 2 Exam Review

Flashcard
•
11th Grade
40 questions
Fall 2024 FE Review Economics

Flashcard
•
12th Grade - University
40 questions
AP Macro Unit 4 Review with ample reserves

Flashcard
•
10th - 12th Grade
40 questions
AP Macroeconomics Unit 6

Flashcard
•
12th Grade
40 questions
Economics EOC Review part 1

Flashcard
•
12th Grade
36 questions
Marketing Review

Flashcard
•
9th - 12th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade