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unit 1 lesson 3 Bizt

QuestionAnswer
prototype A model or sample of a product to be produced.
scarcity A situation in which people can't have everything they want because of limited resources.
free enterprise A system in which economic decisions are made in markets by people and businesses, with little government influence.
profits The money that is left over after a business pays all of its cost.
Created by: jgilmartin
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