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Entrepreneurship Quiz Flashcards | StudBud
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Entrepreneurship Quiz
Entrepreneurship Quiz
14 terms
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StudBud Administration
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For Your Entrepreneurship Quiz
Flashcards
14 cards
F
Practice quiz
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Host live
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Questions
14
Answers
1
people likely to want to buy your product
market
supply
niche
demand
2
How much of something you could buy
Demand
Supply
3
these kinds of costs don’t change
fixed
variable
4
advertising
bossing
mushrooming
marketing
adverting
5
these kinds of costs change over time
fixed
variable
6
revenue - costs =
price
shoes
profit
loss
7
how much of something people want to buy
Demand
Supply
8
others selling the same product/service to your market
bosses
competitors
consumers
Mrs. McManus
9
how much you charge the customer for your product/service
market
price
producers
cost
10
people who actually buy your product
Casper
consumers
producers
suppliers
11
employees
human capital
human relations
hunan chicken
human brains
12
how much you pay to make your product or service
price
marketing
cost
sneakers
13
the total amount of money that comes into your business
cost
profit
price
revenue
14
people who make things to sell
bears
consumers
profiteers
producers