Team 1
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Team 2
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Teams
Name
Score
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15
×
A legal obligation to pay debt.
liability
shortages
inelastic
taxation
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15
×
The point where supply and demand curves meet.
equilibrium
disequilibrium
deregulation
regulation
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15
×
A market in which there are many buyers but only one seller
monopolistic competition
oligopoly
pure competition
monopoly
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×
monster
Reset all scores!
Oops!
×
star
Double points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
lifesaver
Give 10 points!
Oops!
×
eraser
Reset score!
Oops!
×
shark
Other team loses 15 points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
banana
Go to last place!
Oops!
15
×
Situation in which supply exceeds demand.
surplus
shortages
resources
monopoly
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15
×
All things used in producing goods and services.
resources
equilibrium
capital
shortages
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15
×
Physical outputs such as paper and electronics.
goods
resources
surplus
monopoly
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×
thief
Give points!
5
10
15
20
25
×
fairy
Take points!
5
10
15
20
25
×
rocket
Go to first place!
Okay!
×
baam
Lose 20 points!
Oops!
15
×
A business owned by one person.
sole proprietorship
partnership
corporation
services
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15
×
The REMOVALof some government controls over a business.
determinants
deregulation
corporation
regulation
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15
×
Money that must be paid to a government.
inelastic
elastic
regulation
taxation
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×
banana
Go to last place!
Oops!
×
star
Double points!
Okay!
×
gift
Win 15 points!
Okay!
×
baam
Lose 25 points!
Oops!
15
×
A market in which many companies sell products that are similar but not identical.
monopolistic competition
pure competition
oligopoly
monopoly
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15
×
A government restriction on the price of a good or service.
services
price control
deregulation
corporation
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15
×
Sitution in which demand exceeds supply.
surplus
resources
shortages
monopoly
Oops!
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Check
×
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