Subtitles & vocabulary
Revenue, Profits, and Price: Crash Course Economics #24
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盧濤 posted on 2016/02/18Ever wondered how businesses decide what to charge? This Crash Course Economics video breaks down revenue, profits, and pricing strategies, perfect for entrepreneurs! You'll pick up super useful vocabulary like 'opportunity cost' and 'economies of scale' that you can use in daily life and at work.
Video vocabulary
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US /ˈævərɪdʒ, ˈævrɪdʒ/
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UK /'ævərɪdʒ/
- Noun (Countable/Uncountable)
- Total of numbers divided by the number of items
- Transitive Verb
- To add numbers then divide by the number of items
A2TOEIC
More opportunity
US /ˌɑpɚˈtunɪti, -ˈtju-/
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UK /ˌɒpə'tju:nətɪ/
- Noun (Countable/Uncountable)
- Time, situation when a thing might be done; chance
- A favorable time or occasion for doing something.
A2TOEIC
More business
US /ˈbɪznɪs/
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UK /ˈbɪznəs/
- Noun (Countable/Uncountable)
- A company formed for making profit
- Matter that has to be dealt with; task; situation
- Adverb
- Engaged in work or commercial activity.
- Seriously; with determination.
A1TOEIC
More company
US /ˈkʌmpəni/
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UK /'kʌmpənɪ/
- Noun (Countable/Uncountable)
- Good feeling from being with someone else
- A business that sells things or provides services
A1
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