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More cards in this set
Card 16
Front
The land, labour, capital and enterprise used to produce goods and services.
Back
Card 17
Front
Something given up when we make a choice.
Back
Card 18
Front
The expenses and drawbacks of a particular choice.
Back
Card 19
Front
The quantity of a good or service that consumers are willing and able to purchase at a particular price.
Back
Card 20
Front
The quantity of a good or service that businesses will offer for sale at a particular price.
Back
Card 21
Front
When buyers and sellers come together.
Back
Card 22
Front
The price that buyers and sellers agree on for a particular good or service.
Back
Card 23
Front
The process of trying to beat others.
Back
Card 24
Front
An account which interest is tax free
Back
Card 25
Front
An annual rate which is charged to borrowers or paid to savers.
Back
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