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Who decides how products are produced in a market economy?
economy
consumers
Goods/services that consumers are willing and able to buy
The entrepreneur plans and manages properly
businesses
Competition
feasibility analysis
financial
What is one disadvantage of a sole proprietorship?
economy
consumers
Goods/services that consumers are willing and able to buy
The entrepreneur plans and manages properly
businesses
Competition
feasibility analysis
financial
A key element in a market economy between similar businesses
economy
consumers
Goods/services that consumers are willing and able to buy
The entrepreneur plans and manages properly
businesses
Competition
feasibility analysis
financial
What is the organized way a nation provides for the needs and wants of the people?
economy
consumers
Goods/services that consumers are willing and able to buy
The entrepreneur plans and manages properly
businesses
Competition
feasibility analysis
financial
A new business is likely to succeed if...
economy
consumers
Goods/services that consumers are willing and able to buy
The entrepreneur plans and manages properly
businesses
Competition
feasibility analysis
financial
What helps an entrepreneur determine if a new business has potential?
economy
consumers
Goods/services that consumers are willing and able to buy
The entrepreneur plans and manages properly
businesses
Competition
feasibility analysis
financial
Who do retailers sell directly to?
economy
consumers
Goods/services that consumers are willing and able to buy
The entrepreneur plans and manages properly
businesses
Competition
feasibility analysis
financial
What is demand?
economy
consumers
Goods/services that consumers are willing and able to buy
The entrepreneur plans and manages properly
businesses
Competition
feasibility analysis
financial
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