Exam (elaborations)
WGU C201 Business Acumen Chapters 3 & 7: Economics and Organizational Structure
- Course
- Institution
Factors Influencing Demand (Ans- Demand is driven by price, consumer preferences, the economy, the number of buyers in a market, customer incomes, price of substitutes and complimentary items. Factors of Production (Ans- Natural resources, capital, human resources and entrepreneurship. What i...
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