1) desires that can be satisfied by consuming a good or service a) Needs b) Inputs c) Outputs d) wants e) scarcity f) economics 2) the products or services that an organization prooduces a) needs b) inputs c) outputs d) wants e) scarcity f) economics 3) the specific economic resources that is used in producing a good or service a) inputs b) wants c) needs d) outputs e) economics f) productivity 4) the value of a particular product compared to the amount of labor needed to make it a) outputs b) inputs c) wants d) economics e) productivity f) needs 5) the basic requirements for human survival a) wants b) needs c) human resources   d) scarcity e) economics f) outputs 6) the study of scarcity and choice a) needs b) human resources c) wants  d) economics  e) specialization f) scarcity 7) the limited nature of society's resources a) wants b) economics c) scarcity d) human resources e) needs f) outputs 8) people who work to produce goods and services a) economics b) needs c) inputs d) outputs e) negative incentive  f) human resources 9) a penalty that discourages a behavior a) human resources b) inputs c) wants d) negative incentive e) economics f) entrepreneur   10) a person who takes the risk of starting a business a) entrepreneur b) needs c) outputs d) human resources e) wants f) economics

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