economics

5. practice of producing goods in another country
6. ongoing cost for creating a product or business
9. items sold at cost to stimulate other profitable sales
11. cost for merchandise that cannot be accounted for
13. persistent rise in price related to increase in volume of money resulting in loss of value of currency
14. expenses that change in proportion to number of units sold
16. costs included in the price of a good should it need to go on sale
17. an chartered association of business individuals
19. expenses that do not change in proportion to number of units sold
20. the method of doubling wholesale cost to determine retail cost
22. employee earnings
23. expenses that occur if a set of conditions prevail beyond the current condition
24. promotional __________designed to convince a consumer of the superiority of a product
25. desire for money beyond expenses that encourage one to engage in business
28. business owned and controlled by one person
29. two or more persons that conduct business as co-owners
30. insurance, paid sick days, pensions for an employee

1. deliberately designing a product with limited useful life
2. trade between countries that does not include tariffs and quotas
3. import______ sets a trade limit on quantity of goods allowed to enter the country
4. the price of an object determined by the actual expenses spent to create it
7. cost to make information about a product known to a consumer
8. ________,________ and capital. factors of production and factors of price formation
10. payroll spent on anyone directly involved in making goods
12. price for a good will settle until quantity equals supply
15. reduction in cost given by wholesaler to specialized customers
18. of their home territory
21. the actual location of sales for a business
22. returns, proceeds or revenue from property or investment
26. also known as operational expenses
27. tax on foreign goods imported into a country