Products | | Early |
Entrepreneurs take risk to start and run | | supply & demand |
The driving force in choosing to start a business is | | shortage |
Demand product are higher than available supply | | customer |
Money earned in exchange in exchange for work | | profit |
The price of product is determined | | Business |
A individual or group that buys products | | need |
Something a person must have to survive | | management |
Activity related to making a product | | supply equals demand |
Business activities that involve $ | | Capital |
Process of controlling | | wages |
Anticipation and satisfy customer and making $ | | Market |
$139.526.000 value of the 9 digits in this # | | never |
Careful management of available resources | | Good and services |
Ice cream store open late during July, but close_ in Jan | | Finance |
Customer service. manger said to be kind and ___ be rude | | Nine million |
The market price for a product is determined at a point where | | Trade-off |
In a ___ economy, individual free to make their own economics decisions | | economy |
A(n) ____ is when something is given up in order to gain something else | | marketing |
____ is all of the tools,equipment, and machinery used to produce good and services | | production |