government funds given to an individual or group to
encourage certain actions

subsidy

quantities of a product or service offered for sale at all
possible market prices

supply

document granting a business the government's
permission to organize

charter

regular release of important financial information to
investors

transparency

each price change causes a relatively larger change in
quantity demanded

demand elasticity

money left over after all taxes on it have been paid

disposable income

resources used to produce goods and services

factors of production

system allowing businesses to compete for profit with
little government interference

market economy

expenses not affected by the amount of units produced

fixed costs

extra benefits gained from purchasing a product or service

marginal utility