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Social Studies, 26.01.2021 02:40 twalters88

A. Matching: match each word with the example that illustrates it. A. supply and demand B. competition C. consumer D. scarcity E. opportunity cost F. profit G. producer 1. Maria goes to the store and buys a new backpack. 2. Tyler mows lawns and does yard work for $10 per hour. 3. Gas Station A sells gas for $3.75/gallon. Across the street, Gas Station B sells it for $3.74/gallon. Gas Station A lowers its price to $3.74 -4. Liam spends $10 on lemonade mix and ice. On a hot day, he sets up a lemonade stand in his . yard. At the end of the day he has sold $20 worth of lemonade. 5. A car company made thousands and thousands of cars this year, but people haven't been buying as many cars. The car dealer lots are full. 6. Erin could make $24 this afternoon babysitting, or she could attend her grandma's birthday party. She decides to attend the party. She doesn't get the money, but her grandma is thrilled. 7. It's holiday time, and the hottest toy of the year sells out. People are paying ten times what it's worth online.

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