If supply increases, then quantity demanded decreases
a. True
b. False
B
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To secure a charter, the deciding bodies required which of the following from the business enterprises?
(a) A statement of business purpose and location (b) A business plan (c) A description of capital and labor requirements and expectations (d) All of the above
Agriculture is a sector of the economy where increased productivity has been accompanied by a significant decrease in employment
a. True b. False Indicate whether the statement is true or false
Microeconomics is concerned with individual performance as well as the economy as a whole.
Answer the following statement true (T) or false (F)
A sole proprietorship is the type of business that has ________ government rules and regulations affecting it
A) no B) the fewest C) the most D) only federal