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Businesses Flashcards | StudBud
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Businesses
Businesses
19 terms
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StudBud Administration
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19 cards
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Questions
19
Answers
1
A Service is when you pay someone for a SERVICE
False
True
2
The SUPPLY of a product will NOT effect the price$
True
False
3
A Potato is a SERVICE
False
True
4
A corporation is controlled by a Board of Directors
True
False
5
Supply & Demand is the basics of Economics
False
True
6
One Business we have talked about is a __________
Corporation
Mincraft
Jungle
LLC
7
A GOOD is when you go to the DENTIST
True
False
8
The United States has a _________ Economy
Mixed
Market
Traditional
Command
9
A Partnership consists of how many OWNERS
2 or MORE
200
100
0
10
One Business we have talked about is an LLC
False
True
11
A proprietorship has how many OWNERS
1
20
6
55
12
The PRICE$$ of a good or service never changes
True
False
13
A Plumber is a SERVICE
False
True
14
An XBOX is a SERVICE
True
False
15
An apple is a GOOD
False
True
16
The Demand for a product WILL effect the price
False
True
17
A large corporation is a small business
False
True
18
The United States has a MIXED Economy
False
True
19
A Partnership has only ONE owner
True
False
