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value added by having a product at a certain time of year or a convenient time of day is:
land
possession
what to produce, how to produce, for whom to produce
economics
time
good
equillibrium
service
The point on a supply and demand curve where quantity demanded is equal to the quantity supplied
land
possession
what to produce, how to produce, for whom to produce
economics
time
good
equillibrium
service
intangible items such as going to the circus
land
possession
what to produce, how to produce, for whom to produce
economics
time
good
equillibrium
service
The three basic economic questions are:
land
possession
what to produce, how to produce, for whom to produce
economics
time
good
equillibrium
service
a tangible item such as a CD player or a soccer ball
land
possession
what to produce, how to produce, for whom to produce
economics
time
good
equillibrium
service
value added by exchanging a product for some monetary value
land
possession
what to produce, how to produce, for whom to produce
economics
time
good
equillibrium
service
The economic resource that includes all natural resources found in the earth, sea, and air
land
possession
what to produce, how to produce, for whom to produce
economics
time
good
equillibrium
service
the study of how to meet unlimited wants with limited resources
land
possession
what to produce, how to produce, for whom to produce
economics
time
good
equillibrium
service
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