review

1.demand:the quantity of goods and services consumers are willing to buy at a specific price and a specific time. example: a person willing to buy at a specific price.
2.consumers: people who purchase and use goods and services. example: when you purchase items.
3.budget:a plan for spending and saving money. example: have a list of your spending and saving money.
4.scarcity:means that there is never enough of everything to satisfy everyone completely. example: enough of everything.
5.goal:something you are trying to achieve. example: it like a plan to do something like go to collage.
6.deduction:an amount your employer withholds from your earnings to pay or things such as taxes or insurance. example: amount you withholds from other earnings.
7.surplus:exists when the quantity supplied is greater than the demand. example: quantity supplied greater.
8.monopoly:a business that has no competition so it controls all of the supply and demand for the product or services it sells. example: a business that has no competition and it controls all of the supply’s.

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