ch1 quiz - A ny activity which seeks to earn a profit by...

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Any activity which seeks to earn a profit by providing a good or service is known as a(n): Student Response Value Correct Answer Feedback A. industry B. corporation + C. business 100% D. service General Feedback: incorrect Score: 0.5/0.5 2. __________ is the amount a business earns over and above what it spends for salaries and ot her expenses. Student Response Value Correct Answer Feedback + A. Profit 100% B. Revenue C. Interest D. Dividends General Feedback: incorrect Score: 0.5/0.5 3. __________ is the chance a business owner will lose the time and money invested in a busine ss that proves to be unprofitable. Student Response Value Correct Answer Feedback A. Depreciation +B. Risk C. Fallibility 0% D. Redundancy General Feedback: incorrect Score: 0/0.5 4. In the past twenty years, the number of U.S. women business owners: Student Response Value Correct Answer Feedback
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A. remained relatively constant. B. slowly increased. +C. increased dramatically. 100% D. decreased slightly. General Feedback: incorrect Score: 0.5/0.5 5. Which of the following entails the greatest amount of risk? Student Response Value Correct Answer Feedback A. Working for the government. B. Working for a large business. 0% C. Working for a small business. +D. Starting a business. General Feedback: incorrect Score: 0/0.5 6. The resources that contribute to the creation of wealth are known as: Student Response Value Correct Answer Feedback A. production coefficients. +B. factors of production. 100% C. production technologies. D. production aggregates. General Feedback: incorrect Score: 0.5/0.5 7. High tax rates tend to: Student Response Value Correct Answer Feedback A. promote economic development. B. make a nation's currency tradable. +C. discourage entrepreneurship. 100% D. reduce the amount of money created by the government.
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General Feedback: incorrect Score: 0.5/0.5 8. Taxes and government regulations are part of the ________________ environment of busines
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ch1 quiz - A ny activity which seeks to earn a profit by...

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