Which of the Following Is Not a Key Question a Prospective

question 1

Multiple Choice

Which of the following is not a key question a prospective buyer needs to ask in buying a business?

• A)Why is the owner selling?
• B)What is the owner's personal net worth?
• C)How many of the personnel will remain with the firm?
• D)What type of competition exists?

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Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to offer for sale at a given price level, typically upward sloping.

Optimal Level

The most efficient, effective, or desirable point or state for a specific objective or condition.

Shift

Movement of a supply or demand curve on a graph, indicating a change in equilibrium quantity and/or price in the market.

Subsidy

Financial support extended by the government to a sector, industry, or individual, intended to promote economic and social policy objectives.