UNIVERSITY OF ARIZONA STUDY GUIDE 2020 ECON SUPPLY & DEMAND FOR UNIT 1,2,3,4,5,6 &7 (ECON)
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UNIVERSITY OF ARIZONA STUDY GUIDE 2020 ECON SUPPLY & DEMAND FOR UNIT 1,2,3,4,5,6 &7 (ECON)
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UNIVERSITY OF ARIZONA STUDY GUIDE ECONOMICS SUPPLY & DEMAND ALL UNITS 1-7 100% COMPLETE VERIFIED ANSWERS
Study guide • 26
pages
• 2020
UNIVERSITY OF ARIZONA STUDY GUIDE 2020
ECON SUPPLY & DEMAND
FOR UNIT 1,2,3,4,5,6 &7

UNIT 1 
 
Capital: 

Consequence: A result or effect of an action or decision; may be positive or negative. 

Cost: What is given up a result of a decision 

Economics: The study of how people seek to satisfy their needs and wants by making choices. 

Economize: Choose the alternative that offers the greatest benefit for the least cost. 

Entrepreneur: One who takes the risk of opening a business with the aim of...
UNIVERSITY OF ARIZONA STUDY GUIDE ECONOMICS SUPPLY & DEMAND ALL UNITS 1-7 100% COMPLETE VERIFIED ANSWERS
Last document update:
ago
UNIVERSITY OF ARIZONA STUDY GUIDE 2020
ECON SUPPLY & DEMAND
FOR UNIT 1,2,3,4,5,6 &7

UNIT 1 
 
Capital: 

Consequence: A result or effect of an action or decision; may be positive or negative. 

Cost: What is given up a result of a decision 

Economics: The study of how people seek to satisfy their needs and wants by making choices. 

Economize: Choose the alternative that offers the greatest benefit for the least cost. 

Entrepreneur: One who takes the risk of opening a business with the aim of...
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