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Costumer

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Command Economy   show
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Consumer   show
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Demand   show
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Economics   show
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show The price at which the quantity supplied exactly equals the quantity demanded o fa product  
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show Economic system in which the people, rather than the government, own the resources and run the businesses  
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Mixed economy   show
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show The value of your next best alternative whenever you make a choice  
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show The difference between the money received from selling a product and the cost of producing that product  
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show The basic economic problem that consumers's wants are always greater than the resources available to satisfy those wants  
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Supply   show
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Traditional Economy   show
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Created by: Ortizj41
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