Identification:

______19. It is an exchange between parties of either product , service or an idea to satisfy a need or a want through a system.

______10. Refers to the written application to the government requesting permission to form a corporation.

______14. Informing and persuading the buyer to buy products on a personal basis by the seller.

______7. Provides the appropriate principles to the choice of industries to develop in a country. And efficiency in the choice of production and specialization .

______12. This model is important because it helps analyze industries with characteristics similar to pure competition.

______20. Exits where few large firms Producing a homogenous or differentiated product dominate a market.

______3. Refers to the share of ownership in a corporation.

______22. Refers to the increment to your utility or the added satisfaction upon consuming another amount of the same good.

______8. Pertains to the legal authorization to organize a business as a corporation.

______17. Some members are general partners who control and manage the business and may be entitled to a greater share of the profits , while other partners are limited and contribute only capital.

______13. All members share the management of the business and each is personally liable for all debts and obligations of the business.

______21. Firms that is made up of many divisions and/or subsidiaries that may not have much in common in their lines of business.

______18. It includes broadcasting or giving information to the public about the products.