Abeka economics quiz 8

term for the direct exchange of one good for another good without a standard form of money passing from hand to hand. wealth. Money enables people to store ___. portability, durability, homogeneity, divisibility, constancy, and intrinsic valuableness. six characteristics of an ideal money.8. When wages increase, costs of production increase. Some firms would now be making economic losses and would shut down. The supply curve then starts …t/f: in a perfectly competitive market, each firm is known as a price maker. false. t/f: in an unrestricted market, price and quality are determined by few bargains among sellers and buyers. false. Study with Quizlet and memorize flashcards containing terms like group of firms that produce similar products, such as cars, how many … All the people in Egypt and the surrounding lands would have promptly flocked to the king's storehouses, which would have been quickly emptied. Thousands of Egyptians would have eventually starved and died if they had not been economically forced to conserve the grain. The buyers of grain paid Joseph first in money, next in cattle, and finally ... ABEKA ECONOMICS Quiz 14. 9 terms. kevinlauren. Preview. Genesis- First Things Content Quiz 5. 10 terms. pbc914. Preview. ABeka Economics: Work & Prosperity Quiz 15. Teacher 12 terms. calley71. Preview. Abeka grade 12 grammar quiz 8. Teacher 8 terms. Jkkeac6smiths09. Preview. Econ Micro Mid-Term 2. 35 terms. …325562 Economics Quiz and Test Book $10.55 325589 Economics Quiz and Test ... Abeka offers digital textbooks through VitalSource on the following devices. Windows 10; macOS 10.12; iOS 13; Android 5.0; Kindle Fire (4th generation or greater) running Fire OS 5.4.0.1 or later ; Chromebook; Web; 1) There are only a few firms in the entire industry. 2) Firms may sell products that are either differentiated or virtually the same. 3) Potential firms are discouraged by the existence of significant entry barriers. What are the three characteristics of an oligopoly. collusion. Abeka Economics Quiz 15. 10 terms. pbc914. Preview. Terms in this set (8) Excessive taxation, inflation and debasement of money, excessive public expenditure, excessive regulation, and political plundering. five harmful governmental practices discussed in the text. bureaucracy.expansion. True/False: GDP stands for gross demand product. false. What occurs when the economy declines after a peak? recession. True/False: Leading indicators are the components of the economy that are normally changed before the rest of the economy. true. Study with Quizlet and memorize flashcards containing terms like …savings account. An account that allows checks to be written up to the dollar amount deposited in the account. transaction account. Study with Quizlet and memorize flashcards containing terms like A ___ is a person who borrows money or capital, A certificate of deposit is a type of ___ account, A checking account is a form of ___ …ABEKA ECONOMICS Quiz 7. 12 terms. kevinlauren. ABEKA ECONOMICS Appendix Quiz H. 5 terms. kevinlauren. ABEKA ECONOMICS Quiz 8. 11 terms. kevinlauren. ABEKA ECONOMICS Test 3 (9 Weeks Exam) 68 terms. kevinlauren. Sets found in the same folder. Abeka Economics Appendix Quiz A. 5 terms. … true. t/f: GEOGRAPHIC PRICING is used to purge excess inventory by packaging multiple items together for a lower price than if sold separately. false, bundle pricing. Study with Quizlet and memorize flashcards containing terms like group of firms that produce similar products or provide similar services, each firm in a perfect competitive ... These new firms will try to win customers by offering lower prices and better quality. Study with Quizlet and memorize flashcards containing terms like MULTIPLE CHOICE: What type of good is a truck used by a florist to deliver flowers?, Favors a "natural ecomony", This accounting business had expenses totaling $90,000 and … Terms in this set (10) Study with Quizlet and memorize flashcards containing terms like Value of the best alternative foregone when a different Alternative is taken, Total value of business minus any liabilities, Excess of the total revenue paid by buyers for goods over the sellers total expense of producing these goods and more. The trait of doing quality work in an efficient manner. Industriousness. During the past century, has the availability of most natural resources increased or decreased? Increased. In order for people to develop the trust needed to develop working relationships and contracts, a nation's citizens must have the moral quality called …Study with Quizlet and memorize flashcards containing terms like Thomas Robert Menger claimed that the number of people on Earth was growing at a faster rate than that of the food supply, The gloomy predictions of some economists have caused economics to sometimes be called "the dismal discipline", The availability of most natural resources …Start studying Abeka American Literature Quiz 12. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Search. Browse. Create. Log in Sign up. ... Abeka Economics Quiz 9. 8 terms. PapaGreg. Abeka Economics Quiz 8. 9 terms. PapaGreg. Abeka Economics Quiz 7. 10 terms. PapaGreg. Abeka Economics Test 2. …Base Period. A price comparison arbitrarily given the value of 100 percent. Stagflation. The economic condition in which high inflation is combined with high unemployment. Supply-side economics. The theory that reduction of taxes makes more money available for private investment in capital and research.occurs when prices decrease because money seems more valuable and stable. deflation. system that allows banks to hold less than 100% of deposits in reserve. fractional reserve banking. Study with Quizlet and memorize flashcards containing terms like coins made from gold, silver, bronze, and other metals, any form of …True/False: in a perfectly competitive market, each firm is known as a price maker. false. True/False: in an unrestricted market, price and quality are determined by a few bargains among sellers and buyers. false. Study with Quizlet and memorize flashcards containing terms like A group of firms that produce similar products, …Abeka Economics-Appendix Quiz E. 5 terms. joannabonana. Preview. abeka english 12 appendix quiz Q. 5 terms. Bellababy119. Preview. 3.3 Price Elasticity of Supply. 14 terms. snoopy0623. Preview. CHAPTER 6: Corrections to market failiure (e.g. taxes, subsidies) 16 terms. MarvelousHelen567. Preview. Terms in this set (5)Quizlet has study tools to help you learn anything. Improve your grades and reach your goals with flashcards, practice tests and expert-written solutions today.Are you looking for a fun way to challenge your friends or engage your audience? Trivia games are a fantastic way to entertain and educate, but finding high-quality trivia question...ABEKA ECONOMICS: WORK & PROSPERITY TEST 6. Teacher 92 terms. calley71. Preview. Abeka Economics Quiz 17. 12 terms. pbc914. Preview. Econ Ch. 2. 5 terms. ALIVIA_SKIDMORE1. Preview. Unit 6 Renewable and Nonrenewable Resources and Global Energy Consumption. 33 terms. AvDeL. Preview. Abeka Economics Test 6 …Study with Quizlet and memorize flashcards containing terms like What are the 3 components of mass production, The ability of one entity to produce goods or provide service more efficiantly than his competitors when given the same resources, The ability of one entity to produce foods or provide service at an opportunity cost that …a. The balance of cash on hand on January 1, 20X3, is$45,080.00. b. In each quarter, cash sales are 20.0% and collections of accounts receivable are 25.0% of the projected net sales for the current quarter. Collections from the preceding quarter's net sales are 54.5% of that quarter.Terms in this set (6) nationalism. the promotion of one's own nation and government regardless of moral considerations. communism. an economic system based upon public ownership and government control of the production and distribution of nearly all national resources. Karl Marx.Aug 10, 2022 · Study with Quizlet and memorize flashcards containing terms like A business letter is printed on company _____?, Reference initials are not included in a _____ letter, The first part of a business letter is the _____? and more. The trait of doing quality work in an efficient manner. Industriousness. During the past century, has the availability of most natural resources increased or decreased? Increased. In order for people to develop the trust needed to develop working relationships and contracts, a nation's citizens must have the moral quality called …Terms in this set (10) Study with Quizlet and memorize flashcards containing terms like Value of the best alternative foregone when a different Alternative is taken, Total value of business minus any liabilities, Excess of the total revenue paid by buyers for goods over the sellers total expense of producing these goods and more. 1) There are only a few firms in the entire industry. 2) Firms may sell products that are either differentiated or virtually the same. 3) Potential firms are discouraged by the existence of significant entry barriers. What are the three characteristics of an oligopoly. collusion. Terms in this set (43) Spent by gov. Program is built on a pay as you go system. Much of the money could be lost. People could invest somewhere else. Not gov. Responsibility to provide money. Study with Quizlet and memorize flashcards containing terms like What type of account guarantees a certain interest rate and …The four factors of production. Traditional Economy. command Economy. Free enterprise economy. Three main types of economics. System in which people are assigned jobs by a centralized authority. Command economy. French entrepreneur who was the first to produce quality gunpowder in the United States. E. I. Du Pont.Abeka Economics-Quiz 8. A ______ is a person who borrows money or capital. Click the card to flip 👆. debtor. Click the card to flip 👆. 1 / 10. Flashcards. Learn. Test. …Study with Quizlet and memorize flashcards containing terms like 300 to 500, true, married and more. Study the choices that societies make regarding the production, distribution, and consumption of goods with Economics: Work and Prosperity. This one-semester course explains the economic principles of production, supply and demand, competition, inflation, and saving. Show the link between economic freedom and political and individual freedom by ... Abeka Economics Quiz 11. 8 terms. browntown756. Preview. Abeka Economics Test 5. Teacher 40 terms. PapaGreg. Preview. Resource-Based View of Competitive Advantage. 13 terms. elizaveta_p_fehr. Preview. Econ Final. 126 terms. Sarah_Enomoto. Preview. Terms in this set (43) direct benefit received by the owner of a good.ABEKA ECONOMICS Quiz 12. 8 terms. kevinlauren. Preview. ABEKA ECONOMICS Quiz 10. 12 terms. kevinlauren. Preview. Economics Test 1. Teacher 58 terms. Melanie_Parra7. Preview. Week 3, Week 4, Week 2 environmental policy, environment. 143 terms. yujia_Qian37. Preview. FIN 450 - Test 1 (chapter 3) 22 …the quality that money should possess that shows its stability in value. M1. the type of money that consists only of transaction accounts, travel's checks, and all coins and paper money held only outside banks. devisibility. the quality that money should possess that shows its availability in small or large units. Abeka Economics Quiz 5. 4.3 (6 reviews) Law of Supply. Click the card to flip 👆. the basic economic principle which states the direct relationship between the price of a good and the amount that suppliers will make available. Click the card to flip 👆. 1 / 10. management. To obtain needed goods, people in command economics buy and sell thru ___markets. black. In a free market economy, ___ keeps consumer prices low. competition. A store that is able to stay open even though it has little selection and does not stock goods that consumer demand, would most likely be found in a country with a ___ economy. Aug 10, 2022 · Study with Quizlet and memorize flashcards containing terms like A business letter is printed on company _____?, Reference initials are not included in a _____ letter, The first part of a business letter is the _____? and more. economic system in which a centralized authority controls production, distribution, and consumption of goods as well as savings, investments, and prices. market economy. economic system in which people are free to make their own economic choices. market economy 2. the interaction of demand and supply determines what shall be produced …ABEKA ECONOMICS Test 4. 49 terms. kevinlauren. Other sets by this creator. Economics: Test 6 (Ch. 1-14) 82 terms. nicmark9. Abeka - Economics: WOrk & Prosperity - Test 6. 96 terms. nicmark9. Abeka Physics Test 10. 44 terms. nicmark9. Abeka Grade 12 Vocabulary review quiz 4. 50 terms. nicmark9. Verified questions.8 views. Chapters 1-3.docx. Madison August 12, 2021 Economics Pg. 16 (Chapter 1Review) Explain 1. What examples did Governor Bradford give to illustrate the …Abeka 12th grade vocabulary quiz 8. 20 terms. why_am_i_still_here3. Preview. Econ Test 1. Teacher 41 terms. snewton67. Preview. Abeka Economics Test 1. Teacher 45 terms. m_perine. Preview. Anatomy test 11/17. 19 terms. Maggie_Stephenson892. Preview. Grammar Quiz 12-Abeka 12th Grade. Teacher 10 terms. steffcargill. Abeka Economics Quiz 5. 4.3 (6 reviews) Law of Supply. Click the card to flip 👆. the basic economic principle which states the direct relationship between the price of a good and the amount that suppliers will make available. Click the card to flip 👆. 1 / 10. Overview. Teach your students to be good stewards of their finances with the Economics Homeschool Student Kit. Your student will enjoy learning the importance of a biblical work ethic and dependence on God rather than government. All the tools necessary to complete this course and to practically advise your …Are you looking for a fun way to challenge your friends or engage your audience? Trivia games are a fantastic way to entertain and educate, but finding high-quality trivia question...ABEKA ECONOMICS Test 4. 49 terms. kevinlauren. Other sets by this creator. Economics: Test 6 (Ch. 1-14) 82 terms. nicmark9. Abeka - Economics: WOrk & Prosperity - Test 6. 96 terms. nicmark9. Abeka Physics Test 10. 44 terms. nicmark9. Abeka Grade 12 Vocabulary review quiz 4. 50 terms. nicmark9. Verified questions. Study with Quizlet and memorize flashcards containing terms like act adopted by the government in reaction to the large monopolistic trusts of the late 1800s, act of 1914 that outlawed mane practices not covered by earlier laws, governmental agency that investigates trade practices and more. Read Abeka Economics Chapter 8. Read Whatever Happened to Penny Candy Chapter 8. Complete Questions on website. July Budget. Study for Test. Week 8 - Penny Candy Chapter 8 and Abeka Economics Chapter 8. From Penny Candy: 1. Define Velocity. 2. Define Demand for Money. 3. True or False: If the demand for …325589 Economics Quiz and Test Key. $18.45. 321419 Economics Supplement with Personal Financial Literacy. $11.30. 321427 Economics Supplement with Personal Financial Literacy Teacher Key. $16.05. Abeka offers digital textbooks through VitalSource on the following devices. Windows 10.Private. The basic moral of this fable is that "greed consumes the source of prosperity". True. Fortitude includes the strength to endure hard times and hold out against disappointments. True. In order for people to develop the trust needed to develop working relationships and contracts, a nation's citizens must have the …Economics Quiz Abeka 5 study guide by C_strickland2 includes 10 questions covering vocabulary, terms and more. Quizlet flashcards, activities and games help you improve your grades.Daily quizzes are important when used as part of a regular, formative assessment in order to drive modification of instruction. Additionally, daily quizzes help students achieve sk...Terms in this set (10) Study with Quizlet and memorize flashcards containing terms like Value of the best alternative foregone when a different Alternative is taken, Total value of business minus any liabilities, Excess of the total revenue paid by buyers for goods over the sellers total expense of producing these goods and more.false. forces a consumer to buy a certain product before he can buy the product he really wants. tying contract. selling the same type of goods at different prices to different buyers is a practice known as what? price discrimination. t/f: the federal trade commission was created to investigate trade practices. true. Study with …wage of management. diminishing value of goods caused by wear and time. depreciation. t/f: a computer is an example of a DURABLE good. true. t/f: consumers in a free market economy constantly send market SYMBOLS to let producers know how much of a good to produce at a given price. false, signals. t/f: the PRIVATE …Start studying Abeka American Literature Quiz 12. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Search. Browse. Create. Log in Sign up. ... Abeka Economics Quiz 9. 8 terms. PapaGreg. Abeka Economics Quiz 8. 9 terms. PapaGreg. Abeka Economics Quiz 7. 10 terms. PapaGreg. Abeka …Abeka Economics Work and Prosperity Quiz 8 Flashcards | Quizlet. 4.0 (1 review) There are ____ firms in an oligolpolistic market. Click the card to flip 👆. few. Click …Abeka 8th grade science quiz 23(2019) Teacher 10 terms. SUPERCANDACE. Preview. History map on The Rise of Christianity. 13 terms. kaykay191930. Preview. WWI Section 1,2,3. 16 terms. Bryce_Reid6. ... Under what economic system did US industry thrive? Capitalism. Invented the box camera and roll film. George …$18.95. Format. Print. Digital. Quantity. Add to Cart. In stock. Engage your child & lighten your load with master teachers on video. Overview. Study the choices that … Consumer good. an item produced to directly satisfy people's wants. Good. A tangible item for which people will pay. Need. Something difficult to live without. Service. An intangible item for which people will pay. Abeka Economics Work&Prosperity 3rd Edition Learn with flashcards, games, and more — for free. Command. What economy has a system in which a centralized authority controls the production, distribution, and consumption of goods? Free enterprise. What economy allows people to make their own economic choices? Prosperity. What term refers to the enjoyment of many goods, including services? Trade balance. What term refers to the difference in ... ABEKA ECONOMICS Quiz 14. 9 terms. kevinlauren. Preview. Genesis- First Things Content Quiz 5. 10 terms. pbc914. Preview. ABeka Economics: Work & Prosperity Quiz 15. Teacher 12 terms. calley71. Preview. Abeka grade 12 grammar quiz 8. Teacher 8 terms. Jkkeac6smiths09. Preview. Econ Micro Mid-Term 2. 35 terms. …ABeka Economics Quiz 13. 8 terms. Jaylene21. Abeka Economics Test 5 Review. 39 terms. killoyz. Other sets by this creator. WK 19 Bill of Rights. 13 terms. susanstewart228 Teacher. WK 25 Crispin: The Cross of Lead Ch. 50-58. 12 terms. susanstewart228 Teacher. WK 25 Crispin: The Cross of Lead Ch. 50-58.ABEKA ECONOMICS Test 4. 49 terms. kevinlauren. Sets found in the same folder. abeka Economics ch 8-9 test 4. 43 terms. joshua_milton9. Abeka economics Final exam 12th grade (yay yo ... Abeka offers digital textbooks through VitalSource on the following devices. Windows 10; macOS 10.12; iOS 13; Android 5.0; Kindle Fire (4th generation or greater) running Fire OS 5.4.0.1 or later ; Chromebook; Web; Previous Bookshelf versions are available for Windows 7 and 8, and macOS X *Some features only available on iOS devices. Abeka Economics Quiz 6. Teacher 10 terms. calvismith82. Preview. Abeka Economics Quiz 6. 10 terms. pbc914. Preview. Determinants of Demand. 6 terms. Anvila. Preview. Topic 3 Transfer Pricing. 10 terms. ... (8) SHORT ANSWER: What will happen to the quantity supplied of a good when the price of that good decreases. Quizlet has study tools to help you learn anything. Improve your grades and reach your goals with flashcards, practice tests and expert-written solutions today. Abeka 8th Grade Pre Algebra Test 8 (Unit 7.1-7.14) 50 terms. Rainbow_Cupcake4. Preview. Casing. 8 terms. dppedersen. Preview. Macroeconomics Terms List Ch 3.Abeka Economics Quiz 8 Flashcards | Quizlet. 5.0 (1 review) SHORT ANSWER: What act adopted by the government in reaction to the large monopolistic trusts of …Study with Quizlet and memorize flashcards containing terms like What controls the majority of America's money supply?, True/False: The Federal Open Market Committee is a main component of the Federal Reserve System, True/False: The three main tools of the US department of the Treasury are open market … ABEKA ECONOMICS Quiz 4. 4.9 (14 reviews) principle that states that as one's supply of a specific good or service increases, the satisfaction derived from each additional unit tends to decrease. Click the card to flip 👆. diminishing marginal utility. Click the card to flip 👆. 1 / 11. false, D. ESSAY: Answer the following questions in good paragraph form. ... Explain the differences in how prices are determined in market economies and in command economies. What are the results of each? In a market economy, prices are efficiently determined by the interaction of supply and demand, resulting in an equilibrium price at which ... a. The balance of cash on hand on January 1, 20X3, is$45,080.00. b. In each quarter, cash sales are 20.0% and collections of accounts receivable are 25.0% of the projected net sales for the current quarter. Collections from the preceding quarter's net sales are 54.5% of that quarter.Study with Quizlet and memorize flashcards containing terms like What act was adopted by the government in reaction to the large monopolistic trusts of the late 1800s?, What act of 1914 outlawed many practices not covered by earlier laws?, What is the governmental agency that investigates trade practices? and more.Overview. Study the choices that societies make regarding the production, distribution, and consumption of goods with Economics: Work and Prosperity. This one-semester course explains the …the promotion of one's own nation and government regardless f moral considerations. communism. an economic system based upon public ownership and governmental control of the production and distribution of nearly all national resources. The Communist Manifesto. written by Karl Marx in 1848 which was quickly adopted by …Prosperity. True/false, all people are said to be (producers), or people who use goods. F. Consumer. Ture/false, a (mixed) economy provides barely enough to keep a society alive. F. Subsistence. True/false, (State capitalism is a system in which the governement controls most of the capital. True. True/false, when a country finds … Study with Quizlet and memorize flashcards containing terms like act adopted by the government in reaction to the large monopolistic trusts of the late 1800s, act of 1914 that outlawed mane practices not covered by earlier laws, governmental agency that investigates trade practices and more. ABEKA ECONOMICS Quiz 4. 4.9 (14 reviews) principle that states that as one's supply of a specific good or service increases, the satisfaction derived from each additional unit tends to decrease. Click the card to flip 👆. diminishing marginal utility. Click the card to flip 👆. 1 / 11. 325562 Economics Quiz and Test Book $10.55 325589 Economics Quiz and Test ... Abeka offers digital textbooks through VitalSource on the following devices. Windows 10; macOS 10.12; iOS 13; Android 5.0; Kindle Fire (4th generation or greater) running Fire OS 5.4.0.1 or later ; Chromebook; Web;What economic philosophy is based on the belief that a society's economic problems are best solved by "expert planners"? ... Abeka America: Land I Love - Test 4. 56 terms. Shelby_Darby8 TEACHER. Abeka World History and Cultures Test 4. 55 terms. Shelby_Darby8 TEACHER. 11th Quiz 13. 10 terms. …One good trivia question for high school students is: On a traffic light, is the green light positioned on the top or on the bottom? The answer is the bottom. Continuing in the vei...a. The balance of cash on hand on January 1, 20X3, is$45,080.00. b. In each quarter, cash sales are 20.0% and collections of accounts receivable are 25.0% of the projected net sales for the current quarter. Collections from the preceding quarter's net sales are 54.5% of that quarter.capital goods. what kind of goods is produced for direct use by consumers? consumer goods. True/False: Modern technology results from applying intelligence to work. true. Study with Quizlet and memorize flashcards containing terms like True/False: Prodigality is the old word for the bad habit of spending more than one can afford?, What is the ...Terms in this set (6) nationalism. the promotion of one's own nation and government regardless of moral considerations. communism. an economic system based upon public ownership and government control of the production and distribution of nearly all national resources. Karl Marx. savings account. An account that allows checks to be written up to the dollar amount deposited in the account. transaction account. Study with Quizlet and memorize flashcards containing terms like A ______ is a person who borrows money or capital, A certificate of deposit is a type of _______ account, A checking account is a form of ... Study the choices that societies make regarding the production, distribution, and consumption of goods with Economics: Work and Prosperity. This one-semester course explains the economic principles of production, supply and demand, competition, inflation, and saving. Show the link between economic freedom and political and individual freedom by ... Make the process of evaluating your teen’s progress easier with this Economics test and quiz key. This parent’s companion to Economics: Work and Prosperity Quizzes/Tests (sold separately) provides answers to the 17 quizzes and 8 tests along with suggested point values to help you grade the assessments. A bonus chart for “Praying for ... capital goods. what kind of goods is produced for direct use by consumers? consumer goods. True/False: Modern technology results from applying intelligence to work. true. Study with Quizlet and memorize flashcards containing terms like True/False: Prodigality is the old word for the bad habit of spending more than one can afford?, What is the ...Private. The basic moral of this fable is that "greed consumes the source of prosperity". True. Fortitude includes the strength to endure hard times and hold out against disappointments. True. In order for people to develop the trust needed to develop working relationships and contracts, a nation's citizens must have the …ABEKA ECONOMICS Test 4. 49 terms. kevinlauren. Preview. Abeka Economics Chapter 9. Teacher 41 terms. emma_cobb_richter. Preview. ECO 202- Midterm 3. 52 terms. gennafeinstein. ... econ test prep 2. 79 terms. rubees23. Preview. Terms in this set (41) money. term for anything that is generally accepted as a means of payment.Abeka Economics Test 1. 53 terms. Ivoah. Preview. Macro exam 3. 29 terms. c4m5gh4wj5. Preview. Chapter 2 economics. 18 terms. Tala738. Preview. Abeka Economics Quiz 5. Teacher 8 terms. PapaGreg. Preview. ABEKA ECONOMICS Test 2. Teacher 43 terms. HBCA20. Preview. Terms in this set (30) MULTIPLE CHOICE: Who …ABEKA ECONOMICS Quiz 5. 8 terms. Economics: work and prosperity quiz 6. 10 terms. Abeka Spanish 2 Vocabulary 18 A-C. 34 terms. Economics: Work and Prosperity Quiz 5. 8 terms. Other sets by this creator. Abeka 7th Grade Science, Section 4.4 Review. 9 terms. ABEKA ECONOMICS Test 4. 49 terms.term for the direct exchange of one good for another good without a standard form of money passing from hand to hand. wealth. Money enables people to store ___. portability, durability, homogeneity, divisibility, constancy, and intrinsic valuableness. six characteristics of an ideal money.t/f: in a perfectly competitive market, each firm is known as a price maker. false. t/f: in an unrestricted market, price and quality are determined by few bargains among sellers and buyers. false. Study with Quizlet and memorize flashcards containing terms like group of firms that produce similar products, such as cars, how many …Quizlet has study tools to help you learn anything. Improve your grades and reach your goals with flashcards, practice tests and expert-written solutions today. | Ckjqscgys (article) | Mdtwps.