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1.Who typically manages a small business? a. Professional managers b. Friends c. The founders/owners d. Relatives e. A board of directors 2. An economic system

1.Who typically manages a small business? a. Professional managers b. Friends c. The founders/owners d. Relatives e. A board of directors

2. An economic system that gives decision-making power about what to produce and what to buy to individuals and businesses, and in which the market determines how much is sold and at what prices, is best called a economy. a. monetary b. market. c. planned d. command e. product

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