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 ______.