01.02 What is Economics Quiz – Flashcards
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What to produce?
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Jenni wants to start a print shop making specialty papers and cards. Which economic question has she answered?
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For whom to produce?
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XYZ Tutoring provides educational services for students struggling in math. Which economic question does students struggling in math answer?
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Marco uses locally harvested wood from a sustainable tree farm to make his products.
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Which statement below best answers the economic question How to produce?
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What to produce? How to produce?
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Alpaca Yarn employs factory workers to hand spin wool yarn and fabric in a workshop on the company farm. Which economic questions does this statement answer?
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Market to online game players.
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Tristan has gotten very good at painting characters in fantasy settings. He has just bought acrylic paint and canvas in bulk, intending to start a painting business. Which statement best addresses the next economic question Tristan needs to answer?
