Since Businesses Strive to Earn a Profit,their Owners Benefit at the Expense

question 23

True/False

Since businesses strive to earn a profit,their owners benefit at the expense of the rest of society.
In the pursuit of profit,businesses create jobs,produce goods and services that contribute to a higher standard of living,and pay taxes that support important government programs.Thus,businesses benefit others in society as well as their owners.

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Definitions:

Sampling Variation

The variability in statistics and results that occurs by chance when only a subset of the population is sampled.

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A numerical value calculated from a person's weight and height, used to assess whether they are underweight, normal weight, overweight, or obese.

Canadian Community Health Survey

This is a nation-wide survey conducted to provide cross-sectional data on health-related issues and conditions of the Canadian population.

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