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4 Written Questions

3 Multiple Choice Questions

  1. the ration of output (goods and services) produced per unit of input (productive resources) over a period of time
  2. the direct trading of goods and services between people without the use of money
  3. 1 business owner

3 True/False Questions

  1. competitionrefers to all relatively permanent improvements made to land and money and investments

          

  2. marketsthe direct trading of goods and services between people without the use of money

          

  3. partnershipthe direct trading of goods and services between people without the use of money

          

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