Termeco
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Termeco
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Economics Vocab 1
Economics Vocabulary 1
Termeco | Definition |
---|---|
economy | a system of buying and selling goods, services, or resources |
quantity | the amount of something |
quality | the standard of measurement |
competition | businesses working to bring in consumers |
analyze | to examine in detail |
consumer | the buyer of a product, good, or service |
resources | the necessary materials needed to produce a good or service |
producer | the supplier of a good or service |