chapter 2 of entrepreneurship

the means through which goods and services are produced

Things that you think you must have in order to be satisfied

value of the next best alternative

In Maslow's Hierarchy of needs, what section requires you to have respect and recognition 

Maslow's Hierarchy of needs, what section requires you to have physical safety

economic wants involve a desire for material goods and services

difference between the revenues earned by a business and the cost of operating the business

this is the best quiz in entrepreneurship

the quantity of a good/service that consumers are willing to buy at any price

the quantity of a good or services a producer is willing to produce at different prices

Maslow's Hierarchy of needs,what section requires you to have food,sleep,water,shelter,and air

resources are limited but a customers needs/wants aren't

Maslow's Hierarchy of needs, what section requires you to have friends,love,and belongings

Things that you must have in order to survive

noneconomic wants are the desire for material things

Maslow's Hierarchy of needs, what section requires you to have a realization of your potential