What is the amount of a good or service that a consumer is willing to buy called
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Definition1/15
Demand is considered what consumers are willing and able to buy.
If the product or service is too expensive, then people won't buy
it because they can't afford it and there will be no demand. If
it's affordable but people don't see the use, they still won't buy
it and there will still be no demand. In order to create demand, a
product has to be both useful and affordable. The more useful and
affordable it is, the more demand there will be.
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Term1/15
Which axis of a graph will always run vertically from the bottom to the top of the page
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Definition1/15
The y axis always runs vertically.
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Term1/15
Under this economic theory the government does not get involved in the economy
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Definition1/15
Laissez-Faire
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Term1/15
In economic terms what does market mean
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Definition1/15
the coming together of a buyer and seller
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Term1/15
What type of tax is placed on the value of inherited property
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Definition1/15
inheritance
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Term1/15
What is the simplest way to create capital
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Definition1/15
the public and private sectors save more erm.. if you mean to create capital letters on a keyboard, the simplest way (that i think) it to press shift. shift is the one with a pointing up arrow? :S :S :S
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Term1/15
What is the subject on which a tax is levied
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Definition1/15
tax base
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Term1/15
In this department the Food Safety and Inspection Service inspects food and meat processing plants to make sure the products are safe for consumers
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Definition1/15
Agriculture
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Term1/15
In which direction does the supply curve slope from the left to the right
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Definition1/15
upward
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Term1/15
The financial management service is the bookkeeper for the federal government and is managed by this department
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Definition1/15
treasury
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Term1/15
If supply exceeds demand for a product what economic explanation occurs
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Definition1/15
prices decrease
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Term1/15
This type of economics addresses the question how can you achieve the goals that have been established
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Definition1/15
Applied Economics A+
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Term1/15
A certain producers business is to collect sterilize add seltzer and redbottle water after doing this how can the water be classified
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Definition1/15
economic question
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Term1/15
Consumers create construct or offer goods and servies for sale to a consumer
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Definition1/15
false
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Term1/15
Which of these described they economic view of the Chicago school of economists
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Definition1/15
microeconomic
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Cards in this guide (15)
What is the amount of a good or service that a consumer is willing to buy called
Demand is considered what consumers are willing and able to buy.
If the product or service is too expensive, then people won't buy
it because they can't afford it and there will be no demand. If
it's affordable but people don't see the use, they still won't buy
it and there will still be no demand. In order to create demand, a
product has to be both useful and affordable. The more useful and
affordable it is, the more demand there will be.
Which axis of a graph will always run vertically from the bottom to the top of the page
The y axis always runs vertically.
Under this economic theory the government does not get involved in the economy
Laissez-Faire
In economic terms what does market mean
the coming together of a buyer and seller
What type of tax is placed on the value of inherited property
inheritance
What is the simplest way to create capital
the public and private sectors save more erm.. if you mean to create capital letters on a keyboard, the simplest way (that i think) it to press shift. shift is the one with a pointing up arrow? :S :S :S
What is the subject on which a tax is levied
tax base
In this department the Food Safety and Inspection Service inspects food and meat processing plants to make sure the products are safe for consumers
Agriculture
In which direction does the supply curve slope from the left to the right
upward
The financial management service is the bookkeeper for the federal government and is managed by this department
treasury
If supply exceeds demand for a product what economic explanation occurs
prices decrease
This type of economics addresses the question how can you achieve the goals that have been established
Applied Economics A+
A certain producers business is to collect sterilize add seltzer and redbottle water after doing this how can the water be classified
economic question
Consumers create construct or offer goods and servies for sale to a consumer
false
Which of these described they economic view of the Chicago school of economists