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POB Chapter 3

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Created by:

Mr_E  on February 1, 2008

Subjects:

money, business, balloons

Description:

Word

Classes:

Mr. Batkoski DCS

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Last Message: 48 months ago
ambriaalexander : Hey Jaron
jaronlln : heyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
jaronlln : u suck
ambriaalexander : in a good way huh
jaronlln : i wouldnt know about that
jaronlln : im not nasty like u
ambriaalexander : you a lie u know what happen on the bus
jaronlln : uh huh you the pro
jaronlln : LIAR

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POB Chapter 3

Demand
the quantity of a product or service that consumers are willing and able to buy at a particular price
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5 terms

Terms

Definitions

Demand the quantity of a product or service that consumers are willing and able to buy at a particular price
Supply the quantity of a product or service that businesses are willing or able to provide at a particular price
Standard of Living refers to the way you live as measured by the kinds and quality of goods and services you can afford
Worker productivity refers to the quantity of a good that average worker can produce in an hour
Public Goods things needed by a community and provided by it's government

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