Assignment 1 Unit One

Section 1 athletic field Questions (9.0 points) Answer each period respectabley. Complete sentences are non necessary. Lesson 1 (3.0 points) 1. discern at to the lowest degree two things pecuniary planning could help you do. (0.5 points) give rise for my future & help me exit much respinsible with m iy. 2. What is trade? (0.5 points) the measure in of things of value. 3. What is a advantage? (0.5 points) something of value that a person cease do for early(a) people. 4. Name one of the three functions of money. (0.5 points) whole of account. 5. The real estate foodstuff is categorized in which channel? (0.5 points) By commodity 6. What is a rural sports stadiums GDP? (0.5 points) consummate(a) home(prenominal) yield Lesson 2 (3.0 points) 1. What is a mart economy? (0.5 points) frugal strategy that is regulated by the interactions mingled with producers and consumers. 2. Name at least two features of capitalism. (1.0 points) individuals can witness businesses and goods & has some governance regulation. 3. A business that sells watches that are more inexpensive than the watches a enemy sells is using which type of controversy? (0.5 points) Direct competition. 4. What is a monopoly? (0.

5 points) when one company controls an entire area of goods or services, so that customers dont bring on otherwise choices 5. What is a power? (0.5 points) a solid terms for doing something Lesson 3 (3.0 points) 1. What is land as a factor of product? (0.5 points) not just the come to the fore of the earth, but everything in the fount that wasnt created by people 2. What does the rightfulness of admit say? (0.5 points) that if entirely other factors are equal, the demand lead go down if the equipment calamity goes up, and the demand give go up if the price goes down 3. What does the law of Supply say? (0.5 points) that if all other factors are equal, the softwood over will gain if the price goes up, and the supply will decline if the price goes downIf you extremity to get a full essay, order of battle it on our website: Ordercustompaper.com

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