ENG ECON 1

uses mathematical formulas to account for the time value of money and balance current and future revenues and costs.

is the science that deals with the production, allocation and use of goods and services.

is the study of the entire system of economics

is the study of how the systems affect one business or parts of the economic

are products or services that are required to support human and activities that will be

are products or services that are desired by humans and will be purchased if money is available

is defined as anything that anyone wants or needs.

would be the performance of any duties or work for another, helpful or professional activity.

refers to the distribution of goods and services.

• – refers to the advertising, and other efforts to promote a products sale.