B. A desk
A desk is a tangible item that can be bought and sold, making it a good. The other options (swimming lesson, house cleaning, and dog walking) are services.
A.
A swimming lesson
B.
A desk
C.
House cleaning
D.
Dog walking
11 answers
B. A desk
A desk is a tangible item that can be bought and sold, making it a good. The other options (swimming lesson, house cleaning, and dog walking) are services.
D. Income statement
The income statement provides information on a company's revenues and expenses over a specific period of time, allowing you to determine whether the company had a profit or a loss during that period.
C. There are many competitors in the market.
In a SWOT analysis, a threat refers to external factors that can negatively impact the company's performance. The presence of many competitors in the market is an example of such an external threat. The other options are examples of weaknesses rather than threats.
B. The value of the next most valuable opportunity
The opportunity cost of an investment is the value of the next best alternative foregone when making a choice. It represents what you give up in order to pursue a specific investment or decision.
C. Values
A company's values are its priorities, principles, and beliefs that guide its actions and decision-making processes.
B. Producers and consumers
In a market economy, the interactions between producers (who supply goods and services) and consumers (who demand them) primarily regulate the economy. Their interactions determine prices, production levels, and the types of goods and services available in the market.