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conommic

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
bait and switch   show
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capitalism   show
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communism   show
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Competition   show
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show the action of deceiving someone.  
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economy   show
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show the buying of goods without planning to do so in advance, as a result of a sudden whim or impulse.  
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loss leader   show
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marker economy   show
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show In microeconomic theory, the opportunity cost, or alternative cost, of making a particular choice is the value of the most valuable choice out of those that were not taken.  
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pyramid scheme   show
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redress   show
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scarcity   show
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traditional economic system   show
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Created by: cesar leanos
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