13. profit motive
a. this is when resources are limited and the need to
produced.
b. in a market economy, this is the driving force that encourages indiv
ne driving force that encourages individuals and organizations to improve thei
material well-being.
c. this term refers to one who buys goods or services for personal use.
d. this is the way in which a society deals with the production, distribution, and consumption of goods and
services.
e. this is an economic situation related to opportunity cost in which one thing is given up in order to do sor
else.