| A | B |
|---|
| Labor | worker productivity |
| supply | quantity of a product or serve bus. are willing and able to provide at a particular price |
| standard of living | a measure of how well people in a country live |
| demand | quantity of a product or service that consumers are willing and able to buy at a particular price |
| public goods | things that are needed and provided by a community |
| collective decision making | decide collectively how some of our scarce resources will be used and what will be provided for |
| consumer, worker, and citizen | 3 roles that all people share |
| demand for a product | affects the price of a product |
