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Created by: Amreader09

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Question	Answer
Producer	Person or business that makes goods or services
Opportunity Cost	Cost of what you have to give up when making a choice
Demand	desire for a particular good or service
Consumer	Person or business that buys or consumes, goods or services
Supply	Amount of a good or service that is available for use
Economics	Study of how people meet their wants and needs

Producer	Answer: Person or business that makes goods or services	1	0	false
making	Cost of what you have to give up when _____ a choice	2	1	true
service	desire for a particular good or _____	3	1	true
business	Person or _____ that buys or consumes, goods or services	4	1	true
available	Amount of a good or service that is _____ for use	5	1	true
people	Study of how _____ meet their wants and needs	6	1	true