Business, 09.09.2019 22:30 milkshakegrande101

Match each term with the correct definition.
private
property
freedom of enterprise
mutually agreeable
freedom of choice
self-interest
competition
market
a. an institution that brings buyers and sellers together: .
b. the right of private persons and firms to obtain, control, employ, dispose of, and bequeath land, capital, and other property: .
c. the presence in a market of independent buyers and sellers who compete with one another and who are free to enter and exit the market as they each see fit: .
d. the freedom of firms to obtain economic resources, decide what products to produce with those resources, and sell those products in markets of their choice: .
e. what each individual or firm believes is best for itself and seeks to obtain: .
f. economic transactions willingly undertaken by both the buyer and the seller because each feels that the transaction will make him or her better off: .
g. the freedom of resource owners to dispose of their resources as they think best; of workers to enter any line of work for which they are qualified; and of consumers to spend their incomes in whatever way they feel is most appropriate: .

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Match each term with the correct definition.
private
property
freedom of enterpri...

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