Which of the Following Is an Example of a Business

question 39

Multiple Choice

Which of the following is an example of a business interest group?

• A)the National Rifle Association
• B)the American Association of Retired People (AARP).
• C)the Chamber of Commerce
• D)the National Education Association

---

Definitions:

Marginal Costs

The cost incurred by producing one additional unit of a product or service.

Market Price

The amount at which a good or service is currently sold in the market, determined by supply and demand.

Produce

To create, manufacture, or grow goods and services for consumption or sale.

Firm

A business or company engaged in commercial, professional, or industrial activities.