Team 1
0
Team 2
0
Teams
Name
Score
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8
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×
banana
Go to last place!
Oops!
×
magnet
Take 10 points!
Okay!
×
rocket
Go to first place!
Okay!
×
lifesaver
Give 10 points!
Oops!
15
×
An entity either a person or firm which suppkies goods or services
Producer
Oops!
Check
Okay!
Check
15
×
Total money owned
Debt
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Check
Okay!
Check
15
×
A situation where each additional or marginal unit of a good or service that is consumed bri gsess utility than the previous unit.
Diminishing marginal utility
Oops!
Check
Okay!
Check
×
heart
Other team wins 5 points!
Oops!
×
rocket
Go to first place!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
banana
Go to last place!
Oops!
×
eraser
Reset score!
Oops!
×
gift
Win 5 points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
lifesaver
Give 20 points!
Oops!
15
×
GDP is made up of two components. What are they?
Goods and services
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Check
15
×
A business that two or more individuals own and operate together
Partnership
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Check
Okay!
Check
15
×
A durable good that is used in the production of goods amd services.
Capital goods
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Check
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15
×
A type of government support for the citizen
Welfare
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Check
Okay!
Check
15
×
The usefulness of a good or service in satisfying a need or a want
Utility
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Okay!
Check
15
×
Economic policy which emphasize consumption
Consumerism
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Check
Okay!
Check
15
×
A sector of economy in which different firms produce similar or identitical goods or services
Industry
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Okay!
Check
15
×
Goods that are bought and used together.
Complementary goods
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Okay!
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15
×
A system of exchnage of goods and services for other goods and services without using meduim of exchange.
Barter
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Okay!
Check
15
×
A financial institution thag accepts deposits from public and creates credit.
Bank
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Check
Okay!
Check
×
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