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1
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A service or other asset used to produce goods and services that meet human needs and wants.
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3
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They supply goods and services also know as firms or suppliers.
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4
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Can be replaced
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5
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The item offered for sale
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6
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Is a marketplace where securities, commodities, derivatives and other financial instruments are traded equally and fairly.
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7
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The goods that are used to produce other goods and services.
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8
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Buys goods and services for their own consumption, the ender user of a product.
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9
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The process by which individuals, firms, regions and whole economies concentrate on producing those products that they are best at producing.
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12
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A market A place where a buyer and seller can gather to facilitate the exchange of goods and services
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2
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The next best alternative foregone when a choice is made.
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10
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Something that someone provides for a customer, services are intangible, they can't be touched and ownership is not transferred.
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11
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Things which are essential for survival.
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