Lesson 8 Flashcards

1
Q

The condition of competing, An event in which people compete.

A

Competition

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2
Q

A person who purchases goods and services for personal use, A thing that eats or uses something.

A

Consumer

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3
Q

The state or quality of being efficient.

A

Efficiency

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4
Q

The exclusive possession or control of the supply of or trade in a service, A board game.

A

Monopoly

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5
Q

A legal agreement by which a bank lends money at interest for exchange for taking title of the debtor’s property, Convey to a creditor as security on a loan.

A

Mortgage

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6
Q

A shareholder

A

Stockholder

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7
Q

Liability to change rapidly for the worse, Tendency of a substance to evaporate at normal temperatures.

A

Volatility

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8
Q

Give way to arguments, The full amount of a product.

A

Yield

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