economics management
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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show | Natural resources or gifts of nature that are used to produce goods and services.
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Labor | show 🗑
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show | The health, strength, education, training, and skills which people bring to their jobs.
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Physical Capital | show 🗑
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show | It is something that is desired but not needed.
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Trade-Off | show 🗑
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Capital | show 🗑
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Oppurtunity Cost | show 🗑
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Scarcity | show 🗑
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show | The dominant form of economic organization in noncommunist countries. Mixed economies rely primarily on the price system for their economic organization but use a variety of government interventions (such as taxes, spending, and regulation).
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show | A commodity whose benefits are indivisibly spread among the entire community, whether or not particular individuals desire to consume the public good.
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Competition | show 🗑
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Complement | show 🗑
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Total Revenue | show 🗑
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Demand | show 🗑
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Supply | show 🗑
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show | The market clearing price at which the quantity demanded by buyers equals the quantity supplied by sellers.
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show | the market condition that exists when there are few sellers, as a result of which they can greatly influence price and other market factors.
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Monopoly | show 🗑
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show | An association of two or more persons who jointly own a for-profit business.
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show | legal entity owned by stockholders whose liability is limited to the value of their stock.
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Assets | show 🗑
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Sole proprietorshiip | show 🗑
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Need | show 🗑
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show | The ratio of output (goods and services) produced per unit of input (productive resources) over some period of time.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
kubiakb
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