Basic Economics
Basic Economics
Created Date
02.07.21
Last Updated
02.08.21
Viewed 5 Times
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Topics of this game:
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What is Economics?
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Which 2 principles created the need for choices?
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What is the biblical concept that refers to making proper choices with recources?
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A broken down car that goes to the junk yard is now:
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The economic cost of a good/service is:
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Conservation of natural resources shows which economic concept?
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Positive economics is:
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Carl Menger said that this determined the value of an object:
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True or false: Recycling is an application of the biblical principle "stewardship."
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Which has more intrinsic value?
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What is the economist's term for "usefulness?"
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What is the satisfaction a person receives from a choice?
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What is a tangible thing provided by God in nature?
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What is the worth of something determined by its USEFULNESS?
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What is an imaginary unity of satisfaction?
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What is the regret a person feels for an option not chosen?
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What is the limited quantity of a good or service?
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The worth of something because of its nature and what it is:
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