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Person who takes the risk of a new business enterprise
Consumer
Monopoly
Gross Domestic Product
Profit
Inflation
Fixed Expense
Peak
Entrepreneur
The difference between revenue received and the cost of production
Consumer
Monopoly
Gross Domestic Product
Profit
Inflation
Fixed Expense
Peak
Entrepreneur
The point in a business cycle when production, employment, and wages are at their highest
Consumer
Monopoly
Gross Domestic Product
Profit
Inflation
Fixed Expense
Peak
Entrepreneur
One who buys goods or services for personal use
Consumer
Monopoly
Gross Domestic Product
Profit
Inflation
Fixed Expense
Peak
Entrepreneur
total value of all the goods and services produced within a country in a given year
Consumer
Monopoly
Gross Domestic Product
Profit
Inflation
Fixed Expense
Peak
Entrepreneur
A rise in the general level of prices
Consumer
Monopoly
Gross Domestic Product
Profit
Inflation
Fixed Expense
Peak
Entrepreneur
When one company controls the market for a certain product; no competition
Consumer
Monopoly
Gross Domestic Product
Profit
Inflation
Fixed Expense
Peak
Entrepreneur
A cost that does not change from month to month; a predictable part of an individual or business budget
Consumer
Monopoly
Gross Domestic Product
Profit
Inflation
Fixed Expense
Peak
Entrepreneur
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