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5.02 quiz correction

Icharia Macharia

TermDefinition
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 $232,420
the basic role of the US states government protect U.S. citizens
which is an example of a speculative business risk? a special promotion fails to increase sales
Countries whose governments provide citizens with free medical care, education, and other benefits often are referred to as which type of state? welfare
In business, wht os profit? a monetary reward
which is a problem associated with communist command economies there is no competition
when manufactures give back part of the purchase price of an item to the customer, the manufacturers are engaged in: offering rebates
in a private enterprise system, the interaction of supply and demand primarily determines: product prices
Created by: imacharia
 

 



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