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6 Cards in this Set
- Front
- Back
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Invention |
This is when you create new ideas or finding ways of making new items |
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Innovation |
Implementing new ideas , creating new products or improving existing services |
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Limited liability |
The legal protection available to the share holders or owned corporations |
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Unlimited liability |
Liable for all business debts (mainly sole traders) |
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Supply |
The total amount of a specific good or service that is available to the consumer |
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Demand |
The quantity of the good or service that the consumer and business are willing to buy |
