This bingo card has 16 words: Trading one good or service to produce another is called ____., Graph showing the possible combinations of goods and services that can be produced in a given period of time., Define Opportunity Cost, Give 2 examples of Labor., Trading one good or service for another is _____., Give 2 examples of Capital., Define Hypothesis, Labor, capital, land, technology, and entrepreneurship are examples of _____., Define scarcity., _____ is when people take risks to develop new products and start new businesses., Give 2 examples of Land., The study of small groups or individual economies., Tangible items that can meet people's wants or needs are ____., Define economics., The study of a large groups economy. (U.S) and Give an example of a service..
Reading Human Bingo | AP Macro: Unit 1 Vocab | Chapter 4 Definitions | Economics Bingo | Unit 1: Microeconomics Review
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