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economics management

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Question
Answer
show Natural resources or gifts of nature that are used to produce goods and services.  
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Labor   show
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show The health, strength, education, training, and skills which people bring to their jobs.  
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show Manufactured items used to produce goods and services.  
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Want   show
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show Giving up some of one thing to get some of another thing.  
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show All buildings, equipment and human skills used to produce goods and services.  
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show The next best alternative that must be given up when a choice is made.  
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show The condition that results from the imbalance between relatively unlimited wants and the relatively limited resources available for satisfying those wants.  
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show The dominant form of economic organization in noncommunist countries. Mixed economies rely primarily on the price system for their economic organization but use a variety of government interventions (such as taxes, spending, and regulation).  
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show A commodity whose benefits are indivisibly spread among the entire community, whether or not particular individuals desire to consume the public good.  
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show The effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms.  
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show Products that are used with one another such as hamburger and hamburger buns.  
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Total Revenue   show
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show A schedule of how much consumers are willing and able to buy at all possible prices during some time period.  
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Supply   show
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Equilibrium   show
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show the market condition that exists when there are few sellers, as a result of which they can greatly influence price and other market factors.  
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show Occurs when one party maintains total control over a type of business.  
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Partnership   show
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show legal entity owned by stockholders whose liability is limited to the value of their stock.  
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show items of ownership convertible into cash.  
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show A business organization that is unincorporated and has only one owner.  
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show A condition or a situation in which something is required or wanted such as crops in need to water.  
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Productivity   show
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