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AQUILA - ECON 1
Aquila - Econ List 1
Question | Answer |
---|---|
Economic Wants | A good, service, or activity that people want. |
Business | Something that produces and sells goods and services |
Entrepreneur | Someone who takes the risk to start a business |
Goods | Things that people want that you can hold or touch. |
Services | Actions, like a haircut, that satisfy someone's wants. |
Consumer | Someone who buys goods and services. |
Producers | A business or person who makes a good or service for consumers. |