A Market System Tends to Restrict Business Risk to Owners

question 4

Multiple Choice

A market system tends to restrict business risk to owners and investors. This results in which of the following benefits?

• A)It encourages more people to become entrepreneurs.
• B)Firms have to pay more to attract inputs, as these inputs have to share the risk.
• C)Firms focus attention on prudent risk management, as it is profitable to manage risk.
• D)Income becomes more equally distributed.

Comprehend the biological influences on personality traits, such as the role of brain arousal in extraversion and introversion.

Understand the classification of personality factors according to trait theorists, including the Big Five trait dimensions.

Recognize the universality and cultural commonality of the Big Five traits.

Understand the key events and figures that shaped colonial North America, including the Stono Rebellion, War of Jenkins' Ear, and significant individuals like John Wesley.

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Definitions:

Milliliters

A metric unit of volume equal to one-thousandth of a liter, used often to measure liquids in scientific and everyday contexts.

Ounces

A unit of weight commonly used in the United States, where one pound is equal to 16 ounces.

Soft Drink

A soft drink is a non-alcoholic beverage, usually carbonated, flavored with various sweeteners and other ingredients.

Gallons

A unit of volume measurement used primarily in the United States, equivalent to 3.785 liters.