Which of the Following Is Not a Criterion That Can

question 132

Multiple Choice

Which of the following is not a criterion that can be used in determining if a business qualifies as a small business?

• A)profits
• B)number of employees
• C)total assets
• D)sales

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Definitions:

Moral Judgment

The process of determining the rightness or wrongness of actions, often based on ethical principles.

Opportunity Costs

The cost of missing out on the top alternative by deciding on another option.

Scarce Resources

Natural, human, and artificial resources that are limited in supply and cannot satisfy all human wants and needs.

Secondary Effects

The unintended consequences of economic actions, which can occur as indirect results of a policy or event.