Unit ! Comic Strip

Unit ! Comic Strip
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  • What is the difference between a want and a need?
  • A want is not a necessity while a need is.
  • Yeah of course, Mixed, Traditional, Market, and Command.
  • Do you even know the types of economies?
  • Do you know what supply and demand means?
  • Uuummm nooo?
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  • It means when the supply for a product or service is high, the demand is too, vice versa.
  • Oh ok.
  • What is it?
  • 
  • You don't even know what a business cycle is.
  • 
  • Well it looks like we both learned something today.
  • It is when a business goes through a high point, a low point, and a recovery.
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