Chapter 13 - Capital, Interest, Entrepreneurship, and Corporate Finance

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Finance

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1

Microsoft

When ________ sells a copy of the product, the initial client becomes a prospective provider of that product.

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2

intellectual property

Information, or so- called ________, is one potentially valuable capital resource.

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3

resource supplier

As a(n) ________, you have a labor supply curve for each of your labor's numerous possible applications.

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4

intangible asset

It is a(n) ________ generated by human knowledge and ideas.

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5

market wage

The ________ is determined by both labor demand and labor supply, just as both blades of scissors contribute equally to cutting paper.

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6

industry demand

The ________ for golf carts demonstrates the link between the amount invested by all courses and the projected rate of return.

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7

investment demand curve

The ________ is similar to the step- like pattern in Exhibit 1.

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8

Intellectual property

________ is expensive to create, but once created, it may be given at a low cost.

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9

Incentive for deferring

Interest consumption

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