ch 8 and 11 test review

This changes with the number of units of a good produced

This is the profit earned from selling one additional unit of a good

A contract by which a firm lets a group use its name and sell its goods in exchange for money

A firm that acts as an intermediary between the company that issues stock and the public

A demand that is the result of some other demand is a......

A company's first offering of stock to the public is called a

Anything of value to which the firm has legal claim

A condition in which an owner of a business firm can lose only the amount they have invested

A _ cost is the same no matter how many unites of a good are produced

A business owned by two or more people who share profits and are responsible for losses

A decision-making body in a corporation that decides policies and goals

Total Costs are figured out by adding up all the_ cost and the _ cost

The entity that offers a franchise

This exists when one party to a transaction has infomation that the other party does not have

This law states that if additional units of one resource are added to another output decreases

The term dividend refers to

The Face Value of a bond refers to....

An organization that uses resources to produce goods and services that are to be sold

The behavior of a worker who is putting forth less than the agreed to effort

The person or group that buys a franchise

A person who owns shares of stock in a corporation

A claim on the assets of a corporation that gives the purchaser a share of the corporation

A legal entity that can conduct business in its own name in the same way as an individual does

A portfolio of stocks that is used to measure changes in a market or economy

This is the most popular and widely cited indicator of day to day stock market activity

A business that is owned by one individual

The coupon payment divided by the price paid for a bond will determine the bonds..

The cost of producing an additional unit of a good is known as the _ cost

Aggrement to buy or sell a commodity or currency at a specific price on a future date

An IOU issued by the government or by a company for the purpose of borrowing money

An aggrement to buy or sell a speific amount of a commodity or currency at a particular price

The percentage of the face value that the bondholder recieves each year until maturity is known