entrepreneurship

Profit: what is left of a business income after the expenses of doing business have been substracted.

stocks: business share the value indicates the statues of the company

Scarcity: limited resources

prefered stocks: pays dividens to shareholders, does not represent ownership

Common stocks: shareholders become owners

routine decisions: regular decisions with less impact

equilibrium price: point where demnd curve

Sole proportiership

Partenership

Corporation