It May Be More Costly to Do Business in Relatively

question 47

Multiple Choice

It may be more costly to do business in relatively primitive or undeveloped economies because of

• A) international trade restrictions.
• B) the lack of governmental support.
• C) difficulty obtaining workers.
• D) the lack of infrastructure and supporting businesses.

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Definitions:

Charts

Graphical representations of data, designed to visually compare different quantities, values, or items.

Histograms

Graphical representations of data distribution, showing the frequency of data points within specified intervals.

Polygons

Closed, two-dimensional shapes composed of straight lines, with a finite number of sides.

Profit Margin

A financial ratio representing the percentage of revenue that remains as profit after all expenses have been deducted.