Intro to Business Vocab 1
Authored by Anna Fowler
Business
9th - 10th Grade
Used 24+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Total Revenue minus Total Costs equal
risk
revenue
profit
price
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount spent to cover raw materials, labor and capital needed to produce the product
price
revenue
capital
cost
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The buildings, tools and machines people create and use to produce final goods and services
price
revenue
capital
cost
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money the customer is asked to pay for the product
price
revenue
capital
cost
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the money coming into the business from sales (and investments)
price
revenue
capital
cost
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money the customer is asked to pay for the product
price
revenue
capital
cost
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Devoting money or resources to gain a profitable outcome or increased production capacity in the future
inventory
investment
innovation
impression
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