EBM S1 Review

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A symbol, word, or words legally registered or established by use as representing a company or product.

Assets used to make goods and services

Tangible Products - something you can touch that can be exchanged for money

The concept that no one can can everything they want. Individuals and societies have to balance wants and needs with limited resources.

The point where the demand line and the supply line meet.

Moral principles that govern a person's or a group's behavior

A license conferring a right or title for a set period to make, use, or sell an invention.

The amount of good or services that customers are willing to buy at various prices