gother information and conduct research to determine what customers want. They also plan and develop products and make decisions about how much to charge for their products and when and where to make them available. Multiple Choice Supervisors Marketers Accountants Operations Managers Engineers When a business fails or does not make a profit, have the most to lose in terms of finances. Multiple Choice government bodies media agencies owners accountants consumers describe(s) how a particular society distributes its resources to produce goods and services. Multiple Choice O The factors of production A legal framework A political ideology An economic system A labor system How are profits handled in communist systems? Multiple Choice O Excess income goes to the government. O Individuals are free to keep profits after paying taxes Profits earned by small businesses may be reinvested in the business. Businesses are free to keep profits after paying taxes. Only profits from government-owned industries go to the government