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economics C--3rd grade

Example of an incentive
Knowing how much money you earn and how much you can spend
When you have a choice between two things you lose the opportunity to do one of them
Money people earn from jobs
Money you spend on things
Many consumers make their choices based on the ___________ of the product or service
When producers of the same product or service hopes consumers will choose theirs instead of another
When a business has more income than expenses
People who take risks to start a business
Things offered to make consumers choose their product
A chance to do something
When a business has more expenses than income
Entrepreneurs risk _________ all their money and resources