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the study of the production, distribution, and consumption of goods and services
scarcity
economics
income
producer
natural resources
supply
circular flow
profit
materials from nature, such as trees or water, that people use
scarcity
economics
income
producer
natural resources
supply
circular flow
profit
not having enough of something
scarcity
economics
income
producer
natural resources
supply
circular flow
profit
the amount of a product or service that is available for sonsumers to buy
scarcity
economics
income
producer
natural resources
supply
circular flow
profit
the money people earn by working
scarcity
economics
income
producer
natural resources
supply
circular flow
profit
the pattern in which goods, services, and resources flow in the marketplace
scarcity
economics
income
producer
natural resources
supply
circular flow
profit
someone who makes goods or provides services
scarcity
economics
income
producer
natural resources
supply
circular flow
profit
the money a business has left over after all expenses have been paid
scarcity
economics
income
producer
natural resources
supply
circular flow
profit
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