Number of years a good has to last in order to be considered "durable". 1.2
Combining two businesses together to create a larger single firm. 3.2
For something to have "value" it must have scarcity and ______. 1.2
The tools and equipment used in the production of goods and services. 1.1
The study of how people try to satisfy wants through the use of limited resources. 1.1
A document, issued by the government, that gives a corporation permission to form. 3.1
The Ocean Spray Cranberry brand represents this type of Cooperative. 3.3
A federal program that provides disability and retirement income for Americans. 2.2
The act of buyers and sellers freely and willingly engaging in market transactions. 2.3
The fact that you could be doing something else right now, but you're choosing to work on a crossword puzzle reflects this type of "cost". 1.3
Name of the famous economist who wrote "Wealth of Nations" in 1776. 1.2
Sunshine qualifies as a part of this "factor of production." 1.1
If the stock you own in a company gives you the right to vote for board members, its classified as this type of stock. 3.1
The merger of Chase National Bank and the Bank of Manhattan represent this type of merger. 3.2
In the United States, this form of business organization has the highest rate of sales and net income. 3.1
Type of partnership where every member plays an active role. 3.1
The extent to which a person or organization is better off at the end of a period of time than they were at the beginning. 2.3
A more technical term for an IOU that a corporation can issue to borrow financial capital. 3.1