Business

Which of the following is a situation in which are out of work and can't afford extra purchases

Bad ecomony

Which of the following is a general benefit profits provides: more product, better wages, higher prices, better supplies

Better wages

The amount of money paid for raw materials and products sold is called

Cost of goods

Which of these factors that affect profit are usually able to be controlled

Expenses and pricing

A popular product I said to be

In demand

Which activities are likely to increase a firms profit

Increasing sales and decreasing expenses

Business owners are usually interested in net profit because they want to know what they can

Keep

The money spent to run a business

Operating expenses

In business terms, income is the money

Received

If expenses are greater than income, there's no

Risk

Which of the following is not an external factor

Risk

Besides motivation, what does profit provide business owners in particular

Satisfaction

If no profit is generated in the long run, a business must

Shut down

Gross profit shows business owners the difference between what they've

Spent and received

Each purchase strengthens the economy by encouraging

Trade

Which of the following is not something a business that receives profit usually does: builds a new facility, expands into a new into a new location, uses credit to get by, gives to charity

Uses credit to get by

To use resources wisely business must redouc

e