Information asymmetry in a market can lead to ________.

In the diagram to the right, point a provides the _____, point b the _____, and point c the _____.

International trade is fundamentally a ________________________.

In the beginning, some entrepreneurs use ____________ as a source of financing.

In the u.s. manufacturing sector, unionized jobs have _________________ in recent years.

The description of an economy by stating facts is called __________________ .

When the economy fails to allocate resources efficiently on its own is called

Marginal thinking is Focusing on the ____ choices

______ is the natural resources used in the production of goods

Labor is the _______ effort used in the production of goods and services

Goods that we cannot reach out and touch are called