11EC chapter 24 keywords

Last updated over 1 year ago

1 question

Match the terms

Draggable item		Corresponding Item
Anti-competitive practices		Amount of money paid to the government from income/profit
Taxation		Money that is paid by the government to make prices lower, reduce the costs of producing goods or providing a service to encourage production of a certain good
Fines		This is a payment that a business must make for breaking the government rules and regulations
Monopoly power		This is set by the government and must be adhered to otherwise a fine will be given
National minimum wage		One firms dominates the market
Subsidies		Or restrictive trade practices attepts by firms to prevent or restrict competition
Regulation		Minimum amount per hour which most workers are legally entitled to
Subsidiaries		Companies that are at least half-owned by another company