Taxes
The tax you pay when you purchase something?
What is Sales Tax
A market structure controlled by one firm.
What is a Monopoly
Shares of ownership.
What is stocks.
No training.
What is Unskilled.
Tariffs are applied to goods imported from other countries, who ACTUALLY pays for tariffs?
What is the consumer
An illegal partnership between a couple firms to manipulate the market.
What is a collusion
When a business does not gain profit from providing goods or services.
What is a non profit.
Professional
What is specialized training and usually college degrees.
An Example of a good that has Exicise Tax added to it.
Cars, Gas, Guns, Alc, Cigarets, Gambling, etc
A market where there are many buyers and sellers.
What is perfect competition.
Where you are your own boss.
What is a Sole Proprietorship.
Federal minimum wage is...
$7.25
This branch of gov charges Estate Tax.
A few large firms dominating a market.
What is an oligopoly.
Profits paid to stockholders.
What is dividends.
What causes wages to rise for a job?
What is workplace conditions or level of skill.
The type of tax that pays for education and schools...
Think Cape vs Sacopee
What is Property Taxes
Company combining with another company.
What is a merger
The number of investors needed to be considered a corporation.
What is 35.
The number of workers equals the number of workers available.
What is Equilibrium Wage.