Table 18-4 ​

question 16

Multiple Choice

Table 18-4
​
​
​
-Refer to Table 18-4. How many workers should the firm hire?

• A)1
• B)2
• C)3

---

Definitions:

Additional Business Capital

Extra funds that are invested in a business to fuel its growth, cover operational costs, or expand its operations.

Borrowing Funds

The act of obtaining money from another party, typically a financial institution, under the agreement to repay it, often with interest, at a later date.

Bringing in Partners

The process of adding one or more individuals as business partners, typically to share ownership, responsibilities, and benefits of operating a business.

Sole Proprietorship

A business owned and operated by a single individual, where there is no legal distinction between the owner and the business.