| A | B |
|---|
| consumer | a person who uses goods or services |
| demand | the amount of something that people want to buy at certain prices |
| good | a product that can be produced, bought, or sold |
| price | the amount of money or goods that you have to give up to buy a good or service |
| service | the performance of labor for the benefit of another person |
| supply | The amount of something that people want to sell at a certain price |
| expense | money paid for goods and services |
| opportunity cost | cost of one activity instead of something else |
| profit | the amount of money after expenses have been paid |
| sharecropper | poor farmers that used landowner's fields |
