An Advantage Does Not Necessarily Have to Be in the ____.It

question 33

Multiple Choice

An advantage does not necessarily have to be in the ____.It may come from anything the business does.

• A) Market
• B) Product
• C) Economy
• D) Customer's tastes

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Definitions:

Taxed Twice

A situation where the same income or financial transaction is subject to taxation twice, often seen with corporate dividends taxed at both the company level and again at the shareholder level.

Egalitarian Society

A community or society in which social equality in terms of wealth, status, and power is emphasized and maintained.

Saving

The act of not spending a portion of income and setting it aside for future use, often in a deposit account or as an investment.

Deficits

The situation that arises when a government, company, or individual spends more money than it receives in income or revenue over a specified period.