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Use the Table Below to Answer the Following Questions

question 103

Multiple Choice

Use the table below to answer the following questions.
Table 3.4.1
Use the table below to answer the following questions. Table 3.4.1    -Refer to Table 3.4.1.If the price is $7,then the surplus is A) 360 units. B) 400 units. C) 160 units. D) zero units. E) 290 units.
-Refer to Table 3.4.1.If the price is $7,then the surplus is


Definitions:

Environmental Factors

Forces that occur outside of the business that affect the business and its owner.

Business Schools

Educational institutions that specialize in teaching courses and programs related to business and management.

Management

The process of organizing, planning, leading, and controlling resources to achieve specific goals.

Marketing

The process of promoting, selling, and distributing a product or service.

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