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Author Question: Which of the following would not describe two thirds of the for-profit businesses in the United ... (Read 50 times)

geoffrey

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on: Jul 1, 2018
Which of the following would not describe two thirds of the for-profit businesses in the United States as measured by sheer number of firms?
 a. small retail businesses
  b. small service operations
  c. part-time home-based businesses
  d. small farms
  e. multinational corporation

Question 2

Firms
 a. are where entrepreneurs combine resources
  b. are economic units formed by profit-seeking entrepreneurs
  c. are assumed to try to maximize profit
  d. reward entrepreneurs with profits, which are sales revenue minus the cost of production
  e. All of the answers are correct.


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CourtneyCNorton

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Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

E


geoffrey

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

cpetit11

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Reply 3 on: Yesterday
Excellent

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