In the circular flow model of the economy, __________ are the suppliers of goods and services.

Price discrimination occurs when people are charged _____ prices for _____ products.

Prices are relatively more _________ at the upper end of a sloped demand line.

Prices become higher when a unique and highly desirable item is auctioned ________.

Private markets tend to underproduce the optimal quantity of public goods because of ________.

Producers want to charge prices that _____ and, they hope, earn profits.

A debenture is _________.

Entrepreneurs determine financial requirements based on ________.

A demand curve that illustrates the law of demand ______.

When a nation imports a good, its ________ surplus increases and its ________ surplus increases.

When there are more substitutes for a product, the ________ for the product is ________.