Economics

3. small change
4. Market structure few LARGE sellers dominate the industry
7. A firm that has at least four businesses each making unrelated products, and none responsible for a majority of its sales.
8. Because of SCARCITY we have to make decisions, which causes
13. additional amount of effort, expense, or time needed from making a choice.
15. Corporation that has manufacturing service operations in a number of different countries
18. one does the other follows
19. worker like teachers/farmers etc
21. Invest in new place of business, equipment advertising, and products.
22. Recognized by law as a separate legal entity; owned by stockholders
23. Takes places when firms that produce the SAME kind of product join forces.
24. Business owned and run by a single individual
25. not enough resources, limited of soemthing

1. Market structure with only one seller of a particular product
2. Market structure is the market structure that has all the condition of perfect competition except for IDENTICAL PRODUCTS
5. Resources like land,and farm
6. Market structure characterized by a large number of buyers and sellers who exchange identical products
9. the cost of the next best alternative
10. Individual who takes a risk in order to find profit
11. Business that is jointly owned by two or more persons
12. When companies involved in different stages of manufacturing or marketing join together
14. because resources are scarce
16. tools to use to produce goods
17. A way of comparing the costs of an action to the benefits received
20. positive effect of a choice