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Froggy Jumps
Froggy Jumps

Economics

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Economics

Froggy Jumps

they are definitions from the chapter about Economics

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El Salvador

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Froggy Jumps

EconomicsOnline version

they are definitions from the chapter about Economics

by naldy arteaga oliva
1

It is derived from the Greek word for large.

2

It investigates how scarce resources are allocated within the economy as a whole.

3

It occurs because human wants exceed the production posible with our limited time and resources.

4

It exists in all situations where available resources are not abundant enough to satisfy all our desires.

5

It is the study of how people allocate their limited resources to try to satisfy their unlimited wants.

6

it studies the economic behavior of individual firms.

7

They are the inputs we use to produce final goods or services.

8

land and capital are refered to ..

9

labor and entrepreneurship ability refer to..

10

the efforts of a worker,alawyer or a representative who works for a business