Economics

A fine for littering is an example of a

• Postive Incentive

• Negative Incentive

• Good

• Service

A reward for getting all A's in school would be an example of a

• Positive Incentive

• Negative Incentive

• Good

• Service

A store offering 50% off on snow days is an example of a

• Good

• Service

• Negative Incentive

• Postive Incentive

An example of a service would be

• a waitress

• a book

• a water bottle

• a pencil

An example of a good would be

• a waitress

• a dentist

• a bus driver

• a phone

__________ makes people more productive.

• Trade

• Specialization

• Globalization

• Industrialization

When McDonalds invested in Chipotle, they offered them what type of resource?

• Natural Resource

• Human Resource

• Capital Resource

In a trade-off scenario, if you were deciding between an x-box and a playstation, and you chose to buy the x-box, what is your opportunity cost?

• the playstation

• the x-box

• money

• time

______ is the desire for a certain good or service.

• Supply

• Demand

• Good

• Service

_________ is the ability and willingness to produce a good or service.

• Supply

• Demand

• Good

• Service