Refer to exhibit 3-14. at a price of $11, there is a ____________ unit ____________ of good x.

In a public debate on evolution, ____ refuted the points made against evolution by ____.

In a simple circular-flow model, there are flows of _________ and flows of _________.

The main difference between perfect competition and imperfect competition involves _____.

__________________ law implies ownership over an idea or concept or image

Allocation is concerned with how we choose to use our scarce resources on ___________________.

An economy that allocates goods and services through the private decisions of consumers, input suppliers, and firms is known as

Labor intensive are Production that uses a ____ amount of labor

Condition where the opportunity cost of producing additional units of a good rises as society produces more of that good is called

Markets where households sell the use of their inputs to firms

______ sovereignty Is The concept that consumers vote with their dollars in a market economy