Study

Darsh C section

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  • What are consumers?
    Buy goods that the need or want
  • What does scarcity mean?
    When demand of a product is high and not much people buy it
  • What is opportunity cost?
    The item you do not buy.
  • What does supply mean?
    Amount of goods and services produced
  • What does demand mean?
    When people want what your selling
  • What is a product?
    An item that people can buy
  • Name one want.
    Ice cream, cookie, chips, games
  • What does capital mean
    Money or goods you start with and run a business
  • What is one need?
    Food,water,shelter
  • What do producers do?
    Make or provide goods or services
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