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4 Written questions

3 Multiple choice questions

  1. Techniques used by businesses to gain more customers and to earn higher profits
  2. the direct trading of goods and services between people without the use of money
  3. refers to all relatively permanent improvements made to land and money and investments

3 True/False questions

  1. sole proprietorshiptwo or more business owners


  2. costs of productionAll resources used in producing goods and services for which owners receive payment


  3. Comsumersany setting where buyers and sellers exchange goods, services, resources, and currencies