Show:
Supply and Demand
Supply and Demand/Sole Prop,Corp,etc..
Monopolies etc..
Government Reg./Personal Finance
Personal Finance
100
cost does not change
What is Fixed
100
goods sold illegally
What is Black Market
100
a market dominated by a single seller
What is Monopoly
100
the removal of some government controls over a market
What is deregulation
100
fee occurs once a year for using a particular credit card
What is annual fee
200
cost rises or falls depending on how much is produced
What is variable
200
Microsoft
What is Corporation
200
gives the inventor of a new product the exclusive right to sell a product for a certain period of time
What is Patent
200
failure to repay a loan
What is default
200
time period between when you’re billed and when you have to pay
What is grace period
300
quantity demanded and quantity supplied become equal
What is equilibrium
300
Taco Bell
What is Franchise
300
type of market is dominated by a few large firms
What is Oligopoly
300
preset dollar limit you may charge
What is credit limit
300
withdrawal of money from an ATM with your credit card
What is cash withdrawal
400
quantity demanded is more than the quantity supplied
What is shortage
400
easiest type of business to start up
What is Sole Proprietorship
400
laws have been created to encourage competition in the marketplace
What is Antitrust
400
card directly debits your bank account
What is debit card
400
the amount you pay to an insurance company for coverage
What is premium
500
quantity supplied is more than the quantity demanded
What is surplus
500
most expensive type of business to start up
What is Corporation
500
two or more companies combine into a single firm
What is merger
500
most commonly used form of computing finance charges
What is average daily balance
500
the amount of expenses that you must pay before the insurer will cover any expenses
What is deductible