https://padlet.com/joellemcarreon/ot4f29d62xi1 Made with no regrets, whatsoever en-us 2016-09-01 01:51:10 UTC 2026-02-27 19:38:07 UTC hello@padlet.com joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120989243 Joelle Carreon p.5 ]]> 2016-09-01 01:54:05 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120989243 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120989325  goods or services that are required. This would include the needs for food, clothing, shelter and health care.]]> 2016-09-01 01:54:48 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120989325 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120989554 goods or services that are not necessary but that we desire or wish for.]]> 2016-09-01 01:57:14 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120989554 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120989872 material that satisfies human wants and provides utility, ]]> 2016-09-01 01:59:27 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120989872 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120990492 activity where an immaterial exchange of value occurs.]]> 2016-09-01 02:03:39 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120990492 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120990883  problem of having seemingly unlimited human wants in a world of limited resources.]]> 2016-09-01 02:07:28 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120990883 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120991096 inputs that are used in the production of goods or services in order to make an economic profit.]]> 2016-09-01 02:09:55 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120991096 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120991395  one who organizes, manages, and assumes the risks of a business or enterprise.]]> 2016-09-01 02:12:28 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120991395 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120991594 demand for a product or service exceeds its supply in a market. It is the opposite of an excess supply ]]> 2016-09-01 02:14:18 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120991594 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120991905 expressed as an opportunity cost, which is the most preferred possible alternative. A trade-off involves a sacrifice that must be made to get a certain product or experience.]]> 2016-09-01 02:17:22 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120991905 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992009 models the relationship between a nation's investment in defense and civilian goods. In this model, a nation has to choose between two options when spending its finite resources.]]> 2016-09-01 02:18:29 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992009 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992306  think about your next step forward.]]> 2016-09-01 02:20:46 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992306 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992388 maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently employed. ]]> 2016-09-01 02:21:32 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992388 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992584  every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.]]> 2016-09-01 02:23:07 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992584 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992802  not being used enough or not used to full potential]]> 2016-09-01 02:24:49 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992802 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992986 choosing one action over another.]]> 2016-09-01 02:26:41 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120992986 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120993260 prices are determined by unrestricted competition between privately owned businesses.]]> 2016-09-01 02:28:52 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120993260 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120993404  the state or government makes economic decisions rather than the interaction between consumers and businesses.]]> 2016-09-01 02:30:17 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120993404 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120993564 combining private and public enterprise.]]> 2016-09-01 02:31:42 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120993564 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120993739  a nation or individual concentrates its productive efforts on producing a limited variety of goods. ]]> 2016-09-01 02:32:48 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120993739 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120994243 all the persons who occupy a housing unit.]]> 2016-09-01 02:36:54 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120994243 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120994840  business organization, such as a corporation or a partnership, with different levels of legal protection]]> 2016-09-01 02:38:10 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120994840 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120994995  marketplace for the services of a factor of production. A factor market facilitates the purchase and sale of services of factors of production, which are inputs like labor, capital, land and raw materials that are used by a firm to make a finished product.]]> 2016-09-01 02:39:29 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120994995 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995188  which final goods or services are offered for purchase by consumers, businesses, and the public sector]]> 2016-09-01 02:41:22 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995188 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995377 difference between the total revenue received by a business and the total implicit and explicit costs of a firm]]> 2016-09-01 02:43:12 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995377 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995534  the most personal benefit]]> 2016-09-01 02:44:30 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995534 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995757  something that motivates an individual to perform an action]]> 2016-09-01 02:46:28 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995757 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995895 ivalry among sellers trying to achieve such goals as increasing profits, market share, and sales volume by varying the elements of the marketing mix]]> 2016-09-01 02:47:23 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120995895 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996029  unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand. ]]> 2016-09-01 02:48:37 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996029 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996261 range of economic and social systems characterised by social ownership and democratic control of the means of production]]> 2016-09-01 02:50:40 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996261 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996445  philosopher and economist famous for his ideas about capitalism and communism]]> 2016-09-01 02:52:01 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996445 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996606 advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.]]> 2016-09-01 02:53:10 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996606 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996913 the less the government is involved in free market capitalism, the better off business will be, and then by extension society as a whole.]]> 2016-09-01 02:55:34 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996913 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996992 Tangible and intangible things owned by individuals or firms over which their owners have exclusive and absolute legal rights]]> 2016-09-01 02:56:15 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120996992 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997124  act of buyers and sellers freely and willingly engaging in market transactions]]> 2016-09-01 02:57:33 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997124 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997397 tries to influence the government to adopt certain policies or measures]]> 2016-09-01 03:00:28 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997397 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997509 non-confidential communication which an inventor or invention owner makes available to one or more members of the public, revealing the existence of the invention and enabling an appropriately experienced individual to reproduce the invention.]]> 2016-09-01 03:01:38 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997509 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997759 the welfare or well-being of the general public; commonwealth]]> 2016-09-01 03:04:34 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997759 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997871 total value of goods produced and services provided in a country during one year.]]> 2016-09-01 03:05:57 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997871 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997963 economic expansion and contraction.]]> 2016-09-01 03:07:03 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120997963 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998052  part of the national economy that is not under direct government control.]]> 2016-09-01 03:08:02 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998052 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998230 when those who benefit from resources, goods, or services do not pay for them, which results in an under-provision of those goods or services.]]> 2016-09-01 03:09:46 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998230 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998379 making of goods and services is not efficient]]> 2016-09-01 03:10:58 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998379 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998497 consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost of the goods or services involved]]> 2016-09-01 03:12:15 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998497 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998960 original version of the federal poverty measure]]> 2016-09-01 03:17:27 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120998960 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120999029 health, happiness, and fortunes of a person or group.]]> 2016-09-01 03:18:27 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120999029 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120999436 reduce poverty by making welfare programs conditional upon the receivers' actions]]> 2016-09-01 03:23:27 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120999436 joellemcarreon https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120999526 employees or directors receive from their employment but which are not included in their salary cheque or wages]]> 2016-09-01 03:24:41 UTC https://padlet.com/joellemcarreon/ot4f29d62xi1/wish/120999526