economics management
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| Land | show 🗑
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| Labor | show 🗑
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| Human Capital | show 🗑
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| Physical Capital | show 🗑
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| show | It is something that is desired but not needed.
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| show | Giving up some of one thing to get some of another thing.
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| show | All buildings, equipment and human skills used to produce goods and services.
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| show | The next best alternative that must be given up when a choice is made.
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| Scarcity | show 🗑
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| show | The dominant form of economic organization in noncommunist countries. Mixed economies rely primarily on the price system for their economic organization but use a variety of government interventions (such as taxes, spending, and regulation).
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| Public Goods | show 🗑
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| show | The effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms.
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| show | Products that are used with one another such as hamburger and hamburger buns.
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| show | Selling price of a product multiplied by the quantity demanded.
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| Demand | show 🗑
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| Supply | show 🗑
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| show | The market clearing price at which the quantity demanded by buyers equals the quantity supplied by sellers.
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| Oligopoly | show 🗑
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| show | Occurs when one party maintains total control over a type of business.
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| Partnership | show 🗑
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| show | legal entity owned by stockholders whose liability is limited to the value of their stock.
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| Assets | show 🗑
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| show | A business organization that is unincorporated and has only one owner.
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| Need | show 🗑
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| show | The ratio of output (goods and services) produced per unit of input (productive resources) over some period of time.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
kubiakb
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