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7 questions
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  • Q1
    The inability to satisfy all wants at the same time. Resources and goods are limited, so choices must be made.
    consumption
    production
    scarcity
    price
    30s
    CE.11.a
  • Q2
    The amount of money that is exchanged for a good or service
    choice
    scarcity
    production
    price
    30s
    CE.11.a
  • Q3
    The using of goods and services
    consumption
    choice
    resources
    incentives
    30s
    CE.11.a
  • Q4
    The tools, man-made objects or money used in the production of goods and services
    capital resources
    entrepreneurship
    natural resources
    human resources
    30s
    CE.11.a
  • Q5
    What is given up when a choice is made? The highest valued alternative not chosen.
    scarcity
    choice
    opportunity cost
    entrepreneurship
    30s
    CE.11.a
  • Q6
    The combining of human, natural, capital resources and entrepreneurship to make goods or provide services.
    opportunity cost
    production
    incentive
    consumption
    30s
    CE.11.a
  • Q7
    Things that motivate. They may influence a person's economic behavior.
    resources
    price
    incentives
    entrepreneurship
    30s
    CE.11.a

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