Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
13 Cards in this Set
- Front
- Back
|
Scarcity |
Limited supply and high demand |
|
|
Raw Materials |
something that it is not made in its final form |
|
|
Choice |
selecting one option |
|
|
Supply |
The amount of the products available |
|
|
Demand |
The consumers desire to buy the product |
|
|
Competiton |
Two or more brands selling the similar product |
|
|
Economics inequality |
Income that is uneven |
|
|
Raw Materials |
Material that is not made in its final form |
|
|
Price |
How much the product is sold for |
|
|
Incentives |
The motivation for the product |
|
|
Consumption |
How much it is used by the owner |
|
|
Currency |
The money type |
|
|
Manufacturer |
Company that produces the goods |
