FINAL EXAM TEST REVIEW

have a huge family starting with my two wonderful childrem dwain and shuanna dwain is married to my great daughterlaw leti she is the greatest and my more than adorable grandson aidan is to the most precious baby ive ever seen and there is also my husband whom i love very dearly

they will know what it is about. This description is important. You can use these two paragraphs to discuss the topic of the quiz, why you were motivated to create it, hints at the possible outcomes, and so on. Pleas

Created by: Stefanie
  1. Why does an economist create a market demand curve?
  2. What is the effect of the interaction of buyers and sellers on a market?
  3. What does it mean when an economist says that a consumer has demand for a good or service?
  4. How do economists measure the consumption of a good?
  5. How does the substitution effect work when the price of an item drops?
  6. If prices rise and income stays the same, what is the effect on demand?
  7. An organization the attempts to improve the image and working conditions of people in a particular occupation is a
  8. The share of earnings that a business owner pays for the right to be part of a certain business are
  9. The function of a retail or purchasing cooperative business or "co-op" is to
  10. All of the following are disadvantages of a franchise business except

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