Relacionar Columnas Economics MatchingVersión en línea Match the vocabulary word to its definition por Kathleen Flynn 1 2 3 4 5 6 7 8 9 10 Demand - the amount of people that want to purchase a product. scarcity - when many people want to buy a product that is in low supply Private enterprise (idea for a business) Consumer - people that buy goods and services Economics - the study of how people (and nations) choose to spend their resources to meet their needs and wants Profit - amount of money leftover after all expenses of doing business have been paid. Supply - amount of product available Property- items own by individuals or private businesses Competition - when businesses try to win the customer Resources - natural materials (including animals and humans) that can be used by people.