According to John Kenneth Galbraith, the theory of consumer demand is based on the following broad assumption(s): I. Socialism will work in all societies because consumers are willing to share their wealth. II. The urgency of wants does not diminish as more of them are satisfied. III. Wants originate in the personality of the consumer
a. I only
b. I and II
c. III only
d. II and III
D
Business
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The process of writing the business plan provides a self-assessment for the entrepreneur.
Answer the following statement true (T) or false (F)
Business
Which of the following is a source of long-term funds?
A) commercial paper B) retained earnings C) factoring D) money market instruments
Business
Limited-liability companies are permissible only in a few states in the United States.
Answer the following statement true (T) or false (F)
Business
Database ____ is the process of returning the database to its original, correct condition if the database has crashed or been corrupted.
A. security B. backup C. recovery D. rescue
Business