Match the Term with Its Definition

question 1

Multiple Choice

Match the term with its definition.
-A business that maintains its primary facility in the residence of its owner

• A)auction sites
• B)brick-and-mortar facility
• C)business incubator
• D)business-to-business (B2B) model
• E)business-to-customer (B2C) model
• F)consumer-to-consumer (C2C) model
• G)content-based model
• H)disintermediation
• I)e-commerce
• J)general-purpose equipment
• K)home-based business
• L)information-based model
• M)special-purpose equipment
• N)transaction-based model
• O)zoning ordinances

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Definitions:

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Hourly Wage

The rate of pay per hour for employment, used to calculate total earnings based on the number of hours worked.

Rates of Inflation

The percentage rate at which the general level of prices for goods and services is rising.

Pace

The speed or rate at which something happens, often used to measure progress or activity levels.