Post a New Question

Social Studies

posted by .

Could you please check the definition that matches with the term.

Here are the terms:

free enterprise
economic models
market econonmy
total costs
marginal benefit
fixed costs
rational choice

Here are the definitions

study of the production, distribution, and consumption of goods and services.
Answer: economics

theories economists use in their work
Answer: economic models

exchanging one thing for the use of another
Answer: trade-off

additional benefit associated with an action
Answer: marginal benefit

economic climate in which most decisons are masde by individuals looking out for themselves.
Answer: market economy

  • Social Studies -

    Right. All of the answers are correct.

  • Social Studies -

    Thanks Ms. Sue

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question