PoB 5.00 - Economics (3 of 3)

Match it! Select the correct answer from the pull down...Good luck!

Which of the following is an example of a speculative business risk?

Which problem is most associated with communist command economies?

The basic economic role of the United States government is to:

What is a business's net profit if it has $762,750 in income, $291,400 in operating expenses, and $238,930 in cost of goods?

In business terms, what is profit?

When manufacturers give back part of the purchase price of an item to the customer, the manufacturers are engaged in:

A small-business owner whose business is a sole proprietorship is planning to “go global.” What method for going global would be best to recommend to the small-business owner?

Carefully selecting goods or services to sell is an example of handling business risks by _______________ the risk.