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Stack #4700549

defonitionword
Peterson who buys goods or services consumer
an organization or activity that provides goods or services to customers in exchange for money buisness
products u can see and physically touch goods
work or an activity a buisness performs for a customer services
money left after a buisness pas its expenses profit
profit+money from sales - expenses profit formula
goods and services people want and need business provide
the study of how people make choices when they have unlited wants and needs but limited rescources economics
things people need to live or survive needs
things people would like to have but can live without wants
things people or business use to meet wants and needs resources
money
labor
materials
unlimited wants
limited resources
scarcity
simple rule
business life skill
competiotion leads to
Created by: 31egarcia
 

 



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