Business Fair Vocabulary
Across
- 2. the amount of product that people are willing to buy
- 5. amount of money earned after subtracting expenses
- 6. things that improve life, not really necessary to sustain it
- 7. someone who starts a new business with hopes of making a profit
- 9. the power to produce goods or services
- 10. total amount of earnings from a sale
- 13. amount of money spent to produce and sell goods or services
- 15. work that is done for others for a fee
- 16. things necessary for survival
- 17. when the amount of money earned is less than the cost to produce or provide goods and services
Down
- 1. someone who makes or provides goods and services
- 3. people have freedom to start businesses, choose products and services, decide what to charge and have the opportunity to buy/sell land
- 4. someone who buys or uses goods and services
- 8. physical items up for sale
- 11. outley of money for income or profit
- 12. type of business organization that has multiple owners but the company is treated as a single entitiy
- 14. system for producing, distributing and consuming goods and services
- 15. amount of product ready to be sold