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1. A person who does not like gambling or playing the stock market most likely has a high _______________

2. A Lamborghini, a Playstation 4 Pro, and an Amazon Echo are all examples of a person's ____________ instead of things like water and food.

3. Revenue - Costs = __________________

4. ____________ is the most common market structure.

5. Media such as magazines (i.e Entertainment Weekly, Time, etc.) and T.V. (i.e. CBS, CW, etc.) make the majority of their money through __________________.

6. Disney, Viacom, and AOL Time Warner are examples of _______________, which own a larger number of other businesses in the industry.

7. If Zed creates and manages his own business creating and selling teleporters he would be the ______________________ of this business taking all the risk but receiving all the rewards.

8. Razors and Printers are example of the __________________ business model.

9. Wal-Mart and Best Buy both use the _________________ business model which allows flexibility and convenience.

10. In the economic system workers and businesses are both ___________ and _________.

11. If Mattel wants to know if their newest toy will be profitable they will use _____________, like focus groups, to determine what consumers want.

User Jebin
by
6.8k points

1 Answer

7 votes

1. economic tolerance

2. Discretionary Spending

3. gross domestic profit

4. oligopoly

5. subscriptions

6. corporations

7. entrepreneur

8. monopolistic

9. shopkeeper

10. supply, demand

11. surveys


User IAmLearning
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8.3k points