Entrepreneurship

4. __ price is the price a customer pays for an item
6. Any money taken from a business account for personal use
8. A process by which entrepreneurs develop solutions that directly address social issues
9. A person to whom money is owing
14. What a business owes
16. Goods that can be used in place of another
17. The amount a business receives for selling goods
19. Money that an individual receives
20. what type of needs are wants considered to be

1. Often associated with the knowledge economy
2. An agreement between a buyer and seller to exchange good and services in return for money
3. A person who owes money
5. Needs have to do with the __ of a person
7. A business that is registered
10. Wants can be considered to be __
11. __ profit is the difference between selling price and cost price
12. This business buys products with the intention of selling at a higher price
13. Typically refers to money
15. Any positive resource owned by a business
18. A person who creates a business from scratch