1. A person who does not like gambling or playing the stock market most likely has a high _______________
2. A Lamborghini, a Playstation 4 Pro, and an Amazon Echo are all examples of a person's ____________ instead of things like water and food.
3. Revenue - Costs = __________________
4. ____________ is the most common market structure.
5. Media such as magazines (i.e Entertainment Weekly, Time, etc.) and T.V. (i.e. CBS, CW, etc.) make the majority of their money through __________________.
6. Disney, Viacom, and AOL Time Warner are examples of _______________, which own a larger number of other businesses in the industry.
7. If Zed creates and manages his own business creating and selling teleporters he would be the ______________________ of this business taking all the risk but receiving all the rewards.
8. Razors and Printers are example of the __________________ business model.
9. Wal-Mart and Best Buy both use the _________________ business model which allows flexibility and convenience.
10. In the economic system workers and businesses are both ___________ and _________.
11. If Mattel wants to know if their newest toy will be profitable they will use _____________, like focus groups, to determine what consumers want.
