Economics Intro

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What are the three basic economic systems?

A situation that occurs when two or more businesses try to sell the same type of product to the same customers is referred to as ...

An economic system in which business are allowed to produce any goods and services they wish to is referred to as ...

What is a consumer?

What is Economics?

An economic system in which private property is almost totally restricted is called what?

What is Scarcity?

Which of the following is a service?