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The desire to make a profit is
privately owned.
opportunity cost.
the less consumers will buy
by the government.
profit motive
highly skilled workers earn the same as low-skilled workers
scarcity.
mixed economy
Deciding to use a resource for one purpose and giving up the chance to use it for something else is
privately owned.
opportunity cost.
the less consumers will buy
by the government.
profit motive
highly skilled workers earn the same as low-skilled workers
scarcity.
mixed economy
A shortage of resources is called
privately owned.
opportunity cost.
the less consumers will buy
by the government.
profit motive
highly skilled workers earn the same as low-skilled workers
scarcity.
mixed economy
In a command economy, resources and businesses are owned and controlled
privately owned.
opportunity cost.
the less consumers will buy
by the government.
profit motive
highly skilled workers earn the same as low-skilled workers
scarcity.
mixed economy
In a command economy,
privately owned.
opportunity cost.
the less consumers will buy
by the government.
profit motive
highly skilled workers earn the same as low-skilled workers
scarcity.
mixed economy
In a market economy, resources are
privately owned.
opportunity cost.
the less consumers will buy
by the government.
profit motive
highly skilled workers earn the same as low-skilled workers
scarcity.
mixed economy
In a market economy, the higher the price,
privately owned.
opportunity cost.
the less consumers will buy
by the government.
profit motive
highly skilled workers earn the same as low-skilled workers
scarcity.
mixed economy
Most nations have a
privately owned.
opportunity cost.
the less consumers will buy
by the government.
profit motive
highly skilled workers earn the same as low-skilled workers
scarcity.
mixed economy
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