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Economics Vocab 1

Economics Vocabulary 1

TermecoDefinition
economy a system of buying and selling goods, services, or resources
quantity the amount of something
quality the standard of measurement
competition businesses working to bring in consumers
analyze to examine in detail
consumer the buyer of a product, good, or service
resources the necessary materials needed to produce a good or service
producer the supplier of a good or service
Created by: mr.tucci
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