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Economics is the social science that studies the production, distribution, and consumption of goods and services. This book provides over 2,000 Exam Prep questions and answers to accompany the text Study Guide for Basic Economics Items include highly probable exam items: firm, competitor, communism, perfectly competitive, price floor, De Beers, tariff, preference, Budget line, Consumer surplus, Pension, market structure, expansion path, Normal profit, economies of scale, Marginal rate of substitution, and more.

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Economics is the social science that studies the production, distribution, and consumption of goods and services. This book provides over 2,000 Exam Prep questions and answers to accompany the text Study Guide for Basic Economics Items include highly probable exam items: firm, competitor, communism, perfectly competitive, price floor, De Beers, tariff, preference, Budget line, Consumer surplus, Pension, market structure, expansion path, Normal profit, economies of scale, Marginal rate of substitution, and more.