Aug 12, 2013 Thomas Pittman - 9th Grade Social Studies. Search this site. Home; Online Textbooks. MJ Civics End-of-Course Practice Exam The correct answer for each multiple choice question is in red. SS.7.C.1.1 The statements below are from the Declaration of Independence.
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- Learn more about Civics! Use these digital flashcards and study guides to ace your next exam. Top Civics Flashcards Ranked by Quality. Lesson 1), Amending the Constitution (Unit 4, Lesson 2), Contitutional Amendments (Unit 4, Lesson 3) Show Class Civics. Civics Flashcard Maker: garrett freeman. 321 Cards – 8 Decks – 6 Learners Sample.
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| Front | Back |
Quantity demanded and price move in opposite directions. as price goes up, demand goes down. as price goes down, demand goes up. | |
Refers to the desire, willingness, and ability to buy a good or service | |
A table that lists the various quantities of a product or service that someone is willing to buy over a range of possible prices | |
Describes the pleasure, usefulness, or satisfaction a person gets from using a product | |
Competing products consumers can use one in place of the other | |
Refers to the various quantities of a good or service that producers are willing to sell at all possible market prices | |
The term for the principle that suppliers will normally offer more for sale at higher prices and less at lower prices. as price goes up, supply goes up. as price goes down, supply goes down. | |
Unlike a demand curve, a supply curve normally slopes ____________ | |
The degree to which resources are being used efficiently to produce goods and services | |
A product for which quantity changes very little when prices go up or down is said to be supply. | |
When quantity supplied is greater than the quantity demand | |
When the quantity demanded is greater than the quantity supplied | |
A maximum price set for the costs of a good or service | |
A minimum price set for goods and services. this is more common than a price ceiling. minimum wage is an example. |
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