Prices, costs and selling
company
A business or association usually formed to manufacture or supply products or services for profit. e.g. She runs her own TV production _______.
Entrepreneur
A person who organizes, manages, and takes on the risks of a business. e.g. My friend is a successful ____________.
budget
A plan for making and spending money e.g. The city has an annual ______ of $100 million
discount
The amount by which the regular price of an item is reduced e.g. The store offered a 50% ________.
price
The amount of money exchanged for a good or service e.g. Boat for sale, ______ is £8 000
tax
a required payment to a local, state, or national government e.g. You must pay your ___.
money
anything that serves as a medium of exchange, a unit of account, and a store of value e.g. it cost a lot of _____.
expensive
costing a lot of money e.g. That dress was very ________.
revenue
income e.g. The _______ from the sales of our products has gone up.
cheap
not expensive e.g Electricity is _____ in Ireland.
investment
spending on capital equipment, inventories, and structures, including household purchases of new housing e.g. Successful companies attract _________.
afford
to be able to pay for something e.g. None of them could ______ £50 for a ticket.
buy
to get something by paying money for it e.g. She had no money to ___ a ticket.
sell
to give something to someone in exchange for money e.g. The owner agreed to ____ the company.
profit
total revenue minus total cost e.g. The sale generated record ______.