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| a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. |
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| an undertaking involving uncertainty as to the outcome, especially a risky or dangerous one. |
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| a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. |
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| The science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. |
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| choose what products to buy, own private propertry, and start there own business and compete with other business. |
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| pecuniary gain resulting from the employment of capital in any transaction. |
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| The nature and degree of competiton against other competitors in the same industry. |
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| exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. |
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| 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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| objects or items that one wishes to sell |
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| an act of helpful activity; help; aid |
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| a requirement, necessary duty, or obligation |
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| to feel a need or a desire for; wish for |
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| the resources that businesss use to produce goods and services |
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| insufficiency or shortness of supply; dearth |
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| to ask for with proper authority; claim as a right |
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| change in price creates a change in demand |
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| change in price has a very little effect on demand |
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| diminshing marginal utility |
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| people will not buy more than they can use |
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| the amount of good or service that producers are willing to provide |
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| the point that which consumers buy all the product that is supplied |
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| the total market values of goods and services produced by a nation during a given time period. |
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| is the periodic random pattern of expanison and contraction that the economy goes through |
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| specially desingned areas of community that procive tax benefits to new bussiness located there |
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| an idea that has commercial poetential |
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| the capital, skilled labor, managment expertise, legal and finnacial advise, facility, equipment, and customer needed to start a bussines. |
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| the company is the foundation that supports all of the products, processes, and services of the new bussiness. |
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| a bussiness that stopped operating with a loss to creditors |
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| is a business that was purposely discontinued by an owner who wanted to start a new one; may be operating under another name. |
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