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economics vocab project
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wants: the bathroom is a service that people want.
individual: the individual bathrooms are for men and women.
scarcity: on a farm there is a sacre amount of food.
land, labor, capital: the farm is like the FOP, because the dirt is land, taking care of the props is labor, and the crops are made by man.
entrepreneur: a entrepreneur own these business
needs: people make stores to take care of there wants, and needs
marginal cost: the room can add more money than what it is worth.
goods: a bed is a good that people can buy.
government: a group of people governs the community in the building.
business: entrepreneurs create these business to make more money
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