The chance an entrepreneur takes of losing time and money on a business venture that is not profitable is known as the opportunity cost of the business.
Correct Answer:
Verified
Q1: Stakeholders include customers, employees, stockholders, suppliers, dealers,
Q12: The quality of life refers to the
Q13: The only way a firm can increase
Q15: Health care availability, a clean environment, and
Q18: By balancing the demands of customers and
Q19: Businesses seek to earn a profit by
Q19: The Buckmaker Corporation generated total revenues of
Q21: In Canada,most of the offshoring that occurs
Q177: Any activity that produces a good or
Q218: If a business' costs and expenses are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents