government funds given to an individual or group to
encourage
certain actions
subsidy
quantities of a product or service offered for sale at
all
possible market prices
supply
document granting a business the government's
permission to organize
charter
regular release of important financial information to
investors
transparency
each price change causes a relatively larger change in
quantity demanded
demand elasticity
money left over after all taxes on it have been paid
disposable income
resources used to produce goods and services
factors of production
system allowing businesses to compete for profit with
little
government interference
market economy
expenses not affected by the amount of units produced
fixed costs
extra benefits gained from purchasing a product or service
marginal utility