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| Question | Answer |
|---|---|
| Person who buys goods and services | Consumer |
| An organization or activity that provides goods or services to customers in exchange for money | Business |
| Products you can see and physical touch | Goods |
| Work or an activity a business performs for a customers | services |
| A person who buys good or services | Consumer |
| Money left after a business leaves after expenses | Profit |
| Profit + money from sales - expenses | Profit formula |
| goods and services that people want and need | business |
| The study of how people make choices when they have unlimited wants and needs but limited resources | economics |