Match the Term with Its Definition

question 64

Multiple Choice

Match the term with its definition.
-The basic inputs that an entrepreneur can use to start and/or operate a business

• A)paradox of attraction
• B)pivot
• C)resources
• D)serendipity
• E)startups
• F)strategy
• G)SWOT analysis
• H)tangible resources

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Definitions:

Cheesecake

A sweet dessert consisting of one or more layers, with the main and thickest layer containing a mixture of soft, fresh cheese, eggs, and sugar.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in market balance.

Value-Added Tax

A type of consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.

Production

The method of blending different tangible and intangible inputs (like designs and expertise) to create products for use.