only having a certain amount of resources

materials from nature, such as trees or water, that people use

not having enough of something

people and the skills and knoledge they bring to their work

there is no end to how many things people want and need

things that are used to produce goods and services

the money a business has left over after all expenses have been paid

when businesses sell the same good or service

the amount of a product or service that is available for sonsumers to buy

the desire of consumers to buy a good or service

the study of the production, distribution, and consumption of goods and services

the thing you give up when you choose something else

someone who makes goods or provides services

the desires and needs of consumers control what is produced

trading of objects or ideas

the amount paid for a good or service

the money people earn by working

the pattern in which goods, services, and resources flow in the marketplace

a good used in place of another

a product sent to another country to be sold

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