| Demand | Factors of Production | |
|---|---|---|
|
What is babies born after World War II
Baby Boomers
|
What is as price increases quantity demand decreases
Law of demand
|
What is four factors of production
land, labor, capital, entrepreneurship
|
|
What is the percent of women in the workforce
47
|
What is income increases it shifts the graph
to the right
|
What is tools, machines
capital
|
|
What is the largest category of businesses
sole proprietors
|
What is the determinant when Popeye's introduced the new chicken sandwich
Popularity
|
What is society works best when it directs each resource towards its
Specialty
|
|
What is 3 forms of business
Proprietorship, partnership, corporation
|
||
|
What is a separate legal entity formed by documents filed by the state
Corporation
|
||
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