Author: Anonymous

Entrepreneurs:

Using dollar price as the rationing device means:

The difference between the highest price a buyer is willing to pay and the price                paid is:

The net benefit of having a market available for trading is:

The maximum combinations of two goods that an economy can produce is                represented on:

Using dollar price as the rationing device means:

What is the price elasticity of demand for a change in price from $25 to $20?

Because consumers will substitute lower-priced goods for higher-priced goods,                the price and the quantity demanded of a good are:

The net benefit of having a market available for trading is:

The problem that human wants exceed the production possible with the limited                resources available is: