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Goods and services are produced in better quality, quantity, and speed when they focus on producing few items is what?
So you know what you want to do with your life.
Supply and Demand
Easily overused and can be destroyed
Passing this test
Microeconomics
Private ownership discourages drug use.
To get a house or a car.
Prioritize their wants and be selective in what they purchase.
Identify an example of a short-term goal.
So you know what you want to do with your life.
Supply and Demand
Easily overused and can be destroyed
Passing this test
Microeconomics
Private ownership discourages drug use.
To get a house or a car.
Prioritize their wants and be selective in what they purchase.
Which of the following is NOT an example of how property creates incentives?
So you know what you want to do with your life.
Supply and Demand
Easily overused and can be destroyed
Passing this test
Microeconomics
Private ownership discourages drug use.
To get a house or a car.
Prioritize their wants and be selective in what they purchase.
What happens when property rights are not clearly defined?
So you know what you want to do with your life.
Supply and Demand
Easily overused and can be destroyed
Passing this test
Microeconomics
Private ownership discourages drug use.
To get a house or a car.
Prioritize their wants and be selective in what they purchase.
Scarcity of resources forces people to do what?
So you know what you want to do with your life.
Supply and Demand
Easily overused and can be destroyed
Passing this test
Microeconomics
Private ownership discourages drug use.
To get a house or a car.
Prioritize their wants and be selective in what they purchase.
What are two determinants of price?
So you know what you want to do with your life.
Supply and Demand
Easily overused and can be destroyed
Passing this test
Microeconomics
Private ownership discourages drug use.
To get a house or a car.
Prioritize their wants and be selective in what they purchase.
Why is it important to have good credit?
So you know what you want to do with your life.
Supply and Demand
Easily overused and can be destroyed
Passing this test
Microeconomics
Private ownership discourages drug use.
To get a house or a car.
Prioritize their wants and be selective in what they purchase.
Why is it important to create and live on a budget?
So you know what you want to do with your life.
Supply and Demand
Easily overused and can be destroyed
Passing this test
Microeconomics
Private ownership discourages drug use.
To get a house or a car.
Prioritize their wants and be selective in what they purchase.
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Match it!
Match it!