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voluntary trade
Any disparities between businesses 'profit- maximizing aims and families 'utility- maximizing goals are resolved via ________ in markets.
hazardous materials
People should be paid more for tasks that are nasty, dangerous, dull, tiring, unlawful, low status, have no future, no benefits, and involve ________, hours than for occupations that are clean, safe, fascinating, stimulating, lawful, and high- paying.
intermediate goods
The demand and supply for ________ and services are similar to the demand and supply for final goods and services.
wage of a professional baseball player
The ________ is determined by the demand for ball games.
Derived demand
demand that arises from the demand for the product the resource produces
Note
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