Principles of Business and Finance Unit 5

Which is an external factor that affects market price?

A local dry cleaner that also launders and presses shirts is selling

Which is a problem associated with communist command economies?

The interactions of supply and demand usually determine?

Who decides how goods and services will be marketed in a private enterprise economic system?

When prices increase, producers usually:

A U.S. company would decide to offer its products in other countries as a reason to:

The two main divisions of the trade industry are:

Which represents a natural risk for the owner of a delivery service?

A business that sells winter holiday decorations in late fall is creating what type of utility?

Business ethics involve considering issues about what is:

Which is a natural resource that can be renewed through people's efforts?

A major characteristic of a market economy is which type of ownership of property?

Which factor has aided the most in creating a global business environment?