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What is an agreement between two or more people called?
increases demand
Borrowed money
takes the risk of production to earn a profit
consumers have more money to spend
Two or more people
clothes
Corporation
Contract
Which type of business organization can act as one legal entity regardless of its number of owners?
increases demand
Borrowed money
takes the risk of production to earn a profit
consumers have more money to spend
Two or more people
clothes
Corporation
Contract
When the government lowers taxes
increases demand
Borrowed money
takes the risk of production to earn a profit
consumers have more money to spend
Two or more people
clothes
Corporation
Contract
Who takes the risks and shares the profits in a partnership?
increases demand
Borrowed money
takes the risk of production to earn a profit
consumers have more money to spend
Two or more people
clothes
Corporation
Contract
Increased government spending on public goods and services
increases demand
Borrowed money
takes the risk of production to earn a profit
consumers have more money to spend
Two or more people
clothes
Corporation
Contract
An entrepreneur is a person who
increases demand
Borrowed money
takes the risk of production to earn a profit
consumers have more money to spend
Two or more people
clothes
Corporation
Contract
All of the following are examples of public goods EXCEPT
increases demand
Borrowed money
takes the risk of production to earn a profit
consumers have more money to spend
Two or more people
clothes
Corporation
Contract
Other than taxes, how else does government get money to pay for public goods and services?
increases demand
Borrowed money
takes the risk of production to earn a profit
consumers have more money to spend
Two or more people
clothes
Corporation
Contract
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