87.2k views
2 votes
matching. 1 . monopoly what a business has earned above all costs 2 . market the business of buying and selling. 3 . service a job where work is done for others. 4 . consumer merchandise or products bought and sold. 5 . goods the only seller of a particular good or service in a market. 6 . profit a person who makes purchases and uses goods and services

User Tim Schaub
by
8.4k points

1 Answer

3 votes

Answer: The correct matching would be-

1. Monopoly- the only seller of a particular good or service in a market.

2. Market- the business of buying and selling

3. Service- a job where work is done for others.

4. Consumer- a person who makes purchases and uses goods and services

5. Goods- merchandise or products bought and sold

6. Profit- what a business has earned above all costs

Step-by-step explanation:

The explanation is quite evident. Monopoly is the right owned by a seller over his goods/services.

A market is a place where people buy or sell things and where the exchange of goods and services takes place.

Services are offered to consumers and for consumers.

A consumer is a person who buys goods and services to fulfill his everyday needs.

Goods are the products that are bought and sold, for example- furniture.

Profit is the amount earned after deducting all the costs.

User WNG
by
8.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.