Which of the Following Is Most Likely to Be an Example

question 70

Multiple Choice

Which of the following is most likely to be an example for an elastic product?

• A) Staple foods
• B) Gasoline
• C) T-shirts
• D) Basic utilities

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Definitions:

Carrying On

Continuing to engage in a particular activity or conduct business.

Partnership Business

An authorized form of enterprise operated by two or more individuals who equally contribute to management and benefit from profits.

Ownership Interest

A stake or share in a company or property, representing a portion of the ownership.

Management Rights

These are the legal authorities and powers that the management of an organization holds to operate and make decisions for the business.