Which of the Following Is the Greatest Advantage of Operating

question 1

Multiple Choice

Which of the following is the greatest advantage of operating a home-based business?

• A) The ability to save money by avoiding business startup taxes
• B) The exemption that home-based businesses receive from local zoning laws
• C) The low cost of setting up and operating the business
• D) The ability to claim all household expenses as business deductions for tax purposes

Recognize the role of human and physical capital investments in the economy.

Understand the relationship between resource prices and the allocation of resources.

Describe how international trade impacts resource demand.

Evaluate the impact of resource price changes on production costs and substitution.

---

Definitions:

Meiosis

A type of cell division that results in four daughter cells each with half the number of chromosomes of the parent cell, as in the production of gametes.

Synapsis

Pairing of homologous chromosomes during meiosis I.

Meiosis

A type of cell division that reduces the chromosome number by half, resulting in the production of gametes or spores.

Homologous Chromosomes

are pairs of chromosomes in a diploid organism that have the same structure and gene sequence, one inherited from each parent.