Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

ECONOMICTERMS 3rd20

ECONOMIC TERMS AND CONCEPTS 89%

QuestionAnswer
43. DIVIDEND A CHECK PAID TO THE STOCKHOLDERS WHEN THE COMPANY MAKES A PROFIT
44. MERGER 2 OR MORE BUSINESSES JOIN TO FORM A SINGLE FIRM
45. HORIZONTAL MERGER INVOLVES BUSINESSES THAT MAKE THE SAME PRODUCT OR PROVIDE THE SAME SERVICE
46. VERTICAL MERGER FIRMS THAT DO DIFFERENT STEPS IN A PRODUCTION PROCESS MERGE
47. CONGLOMERATE A FIRM THAT HAS AT LEAST 4 BUSINESSES , EACH MAKING UNRELATED PRODUCTS
48. NONPROFIT ORGANIZATION A BUSINESS THAT DOES NOT SEEK FINANCIAL GAIN FOR IT'’S MEMBERS
49. LABOR UNION AN ORGANIZATION FORMED TO WORK FOR IT’S MEMBERS INTEREST IN VARIOUS EMPLOYMENT MATTERS
50. COLLECTIVE BARGAINING NEGOTIATIONS BETWEEN LABOR AND MANAGEMENT
51. BOND A FORMAL CONTRACT TO REPAY BORROWED MONEY AND INTEREST AT REGULAR FUTURE INTERVALS
52. DIMINISHING MARGINAL UTILITY THE MORE UNITS OF SOMETHING THAT A PERSON ACQUIRES, THE LESS EAGER THAT PERSON IS TO BUY MORE
53. DEMAND ELASTICITY THE EXTENT TO WHICH A CHANGE IN PRICE AFFECTS DEMAND
54. INELASTICITY PRICE HAS VERY LITTLE AFFECT ON DEMAND
55. LAW OF DEMAND PEOPLE WILL BE WILLING AND ABLE TO BUY MORE OF A PRODUCT AT A LOWER PRICE
56. LAW OF SUPPLY SELLERS WILL BE WILING TO SUPPLY MORE GOODS FOR SALE WHEN THEIR PRICE GORES UP
57. LAW OF DIMINISHING RETURNS THE POINT WHERE OUTPUT IS STILL RISING, BUT AT A DIMINISHING RATE
58. PRODUCTIVITY USUALLY REFERS TO LABOR, HOW MUCH A PERSON CAN PRODUCE IN A CERTAIN AMOUNT OF TIME
59. FIXED COST COST THAT A BUSINESS INCURS EVEN IF THEY PRODUCE NO PRODUCT
60. VARIABLE COST A COST THAT CHANGES WHEN THE RATE OF OUTPUT CHANGES
61. DEPRECIATION THE GRADUAL WEARING OUT OF CAPITAL GOODS
Popular American Government sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards