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7 Cards in this Set
- Front
- Back
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consumption
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the purchase and /or use of goods and services
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disparity of resources
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the major differences in the amount and/or condition of resources
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barter
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the trade of goods and services for other goods and servicesinstead of the use of money
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goods
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objects that are capable of satisfying people's needs
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service
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goods that are capable of satisfying people's wants
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opportunity costs
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the value of the alternative
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market place
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the between buyers and sellers which usually involves money
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