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Please highlight the true chice for these 3 questions and (bold the answer) 22 What kind of competition best describes one where there are few
Please highlight the true chice for these 3 questions and (bold the answer)
22 What kind of competition best describes one where there are few sellers and many consumers, such as STC, Moblly, and Zain? a. Perfect Competition b. Monopolistic Competition c. Oligopoly d. Monopoly 23 Which of the following best describes the supply curve? a. As the price of the product increases, buyers want to buy more b. As the price of the product increases, buyers want to buy less c. As the price of the product increases, suppliers want to sell more d. As the price of the product increases, suppliers want to sell less 24 What are some of the benefits of incorporation? a. Limited liability for shareholders b. Greater access to financial resources c. Continuity d. All of the above 25 A team (or a work team) is a group of people with complementary who work together to achleve a specific goal. a. friends b. values c. skills d. resources 26 Finance deals with all the following except: a. recording transactions of a company's fund b. planning for a company's fund c. obtaining a company's fund d. managing a company's fund 27 represent(s) the funds an enterprise receives in exchange for its good and services. a. Profit b. Revenue c. Tariffs d. Cost of goods Step by Step Solution
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