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of 10 available terms

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4 Written Questions

3 Multiple Choice Questions

  1. Trading goods and services with people for other goods and services or money
  2. the ration of output (goods and services) produced per unit of input (productive resources) over a period of time
  3. two or more business owners

3 True/False Questions

  1. capitalthe direct trading of goods and services between people without the use of money

          

  2. costs of productionAll resources used in producing goods and services for which owners receive payment

          

  3. marketsthe direct trading of goods and services between people without the use of money

          

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