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7 Cards in this Set

  • Front
  • Back
consumer
A person who buys a product or a service
price
The amount of money needed to buy a product or service
competition
What happens when companies produce and sell the same product.
supply
The amount of a product or a service there is to be sold.
supply
the amount of a product or service there is to be sold.
demand
The need or desire that people have for a product or a service.
advertisement
Information that a producer provides about products and services.