Which of the Following Is Most Likely to Be Considered

question 126

Multiple Choice

Which of the following is most likely to be considered a profit center?

• A) An individual retail store in a large chain.
• B) The grocery department of a Walmart Supercenter or Target Superstore.
• C) The maintenance department of a large retail operation.
• D) The personnel office of a business.
• E) A stand-alone eye clinic.

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Definitions:

Economic Shift

A significant change in the condition or direction of an economy, often marked by a variation in key economic indicators.

Production Possibility Frontier

The production possibility frontier is a curve illustrating the maximum feasible amounts of two commodities that a business can produce with its available resources and technology.

Scarce Resources

Natural or human assets available in limited quantities relative to their demand, leading to the necessity of economic allocation.

Capital Goods

Long-lasting goods acquired by businesses to produce goods or services, encompassing items like machinery, tools, and buildings.