Have an account?
Which of these examples is a service?
Mr. Farr sells guitars.
Mr. Swenson gives art supplies to consumers.
Coach provides lessons for different sports.
Ms. Miller writes books.
Jenny has hundreds of stuffed animals to sell. The stuffed animals are considered the _________.
What is profit?
the money you have left over after you paid your bills
how many people want your good/service
the amount of an item you have
none of these
Which of the following will increase your profit for selling hot chocolate?
Use expensive materials
Lower the price
Give each buyer more hot chocolate
Use cheaper materials
Which of the following is the factors of prodution
What is given up when a choice is made
Selecting an item or action
Amount of money exchanged for a good or service
What is the total amount of a good or service available for purchase?
What do you call someone who makes or provides a good or service for purchase?
The combining of human, natural, capital, and entrepreneurship resources to make goods or provide services
Oil, natural gas, and coal
Construction worker, doctor, nurse, and teacher
Economics seeks the answer to the basic question of how to deal with ______.