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The shortage of goods and services
merchant
trade deficit
opportunity costs
scarity
tariff
proprietor
profit
interchangeable parts
When imports exceed exports
merchant
trade deficit
opportunity costs
scarity
tariff
proprietor
profit
interchangeable parts
Another word for tax
merchant
trade deficit
opportunity costs
scarity
tariff
proprietor
profit
interchangeable parts
The person who owns a business
merchant
trade deficit
opportunity costs
scarity
tariff
proprietor
profit
interchangeable parts
Parts of a product built to a standard size to easily be replaced
merchant
trade deficit
opportunity costs
scarity
tariff
proprietor
profit
interchangeable parts
A person who buys, sells, and trades goods for a profit
merchant
trade deficit
opportunity costs
scarity
tariff
proprietor
profit
interchangeable parts
The money made on goods that exceeds the cost
merchant
trade deficit
opportunity costs
scarity
tariff
proprietor
profit
interchangeable parts
The value of the second best choice between two choices
merchant
trade deficit
opportunity costs
scarity
tariff
proprietor
profit
interchangeable parts
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