If an Owner Is Interested Only in Money, Selling the Business

question 75

True/False

If an owner is interested only in money, selling the business on the open market or to another business is the best choice.

---

Definitions:

Normal Goods

Goods whose demand increases when consumer income rises, and falls when consumer income decreases.

Consumer Incomes

The total amount of income earned by consumers, influencing their spending patterns and demand for goods and services.

Complementary Goods

Goods that are consumed together because the use of one enhances the use of the other, such as computers and software.

Normal Good

A good for which demand increases as the consumer’s income increases, holding all other factors constant.