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If supply is low and demand is high, the price of an item will be -
Free market
amount of goods and services people are willing to buy
Investment
Individuals, businesses, government
High
Proprietorship
His opportunity cost
Coca-Cola
If a corporation fails, the owners' liability is their -
Free market
amount of goods and services people are willing to buy
Investment
Individuals, businesses, government
High
Proprietorship
His opportunity cost
Coca-Cola
What is demand?
Free market
amount of goods and services people are willing to buy
Investment
Individuals, businesses, government
High
Proprietorship
His opportunity cost
Coca-Cola
In the United States economic system, who makes decisions?
Free market
amount of goods and services people are willing to buy
Investment
Individuals, businesses, government
High
Proprietorship
His opportunity cost
Coca-Cola
Which of the following businesses would be the lowest risk for Holly to invest money?
Free market
amount of goods and services people are willing to buy
Investment
Individuals, businesses, government
High
Proprietorship
His opportunity cost
Coca-Cola
Mike has $10. He can buy his favorite CD or a shirt. He decides to buy the CD. What term best represents the shirt?
Free market
amount of goods and services people are willing to buy
Investment
Individuals, businesses, government
High
Proprietorship
His opportunity cost
Coca-Cola
In the United States, markets are allowed to operate without undue interference from the government. This is called —
Free market
amount of goods and services people are willing to buy
Investment
Individuals, businesses, government
High
Proprietorship
His opportunity cost
Coca-Cola
Which type of business has the highest risk but also offers the highest reward potential?
Free market
amount of goods and services people are willing to buy
Investment
Individuals, businesses, government
High
Proprietorship
His opportunity cost
Coca-Cola
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