6-2 Vocabulary Word Scramble
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| Question | Answer |
| Something that encourages people to act in a certain way. Example: $3000 rebate on 2011 Ford Escapes to encourage sales of Escapes. | incentive |
| What are the four characteristics of the price system? | neutral, market driven, efficent, flexible |
| Occurs when producers sell products at lower prices to lure customers away from rival producers, while still making a profit | Competitive pricing |
| A person who makes goods or provides services | Producer |
| Something that people will accept as payment for goods and services. | money |
| Any place or situation in which people buy and sell goods and services. | market |
Created by:
joannw15
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