posted by Sam on .
Could you please check these other sets of terms.
Here are the terms:
cost benefit analysis
food, clothing,shelter, and other things required for survival.
occurs when people lack the resources to produce the things they want.
all activity that together affects making, selling, and using goods and services.
what you cannot buy or do when choosing to do one thing rather than another.
Answer: opportunity cost
economic model compairng marginal costs and marginal benefits of a decision
Answer: cost benefit analysis
economic system in which individuals own the means of production.
something offered in an attempt to get consumers to take certain economic actions.