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Which of the following is true of firms? Multiple choice question. A firm owner never runs the firm's business. They represent the settings in which

Which of the following is true of firms?
Multiple choice question.
A firm owner never runs the firm's business.
They represent the settings in which entrepreneurial efforts take place.
They may be leased from a parent company called a franchisor.
The goods or services a firm deals with determine the firm owner's occupation.Which of the following is true of firms?
Multiple choice question.
A firm owner never runs the firm's business.
They represent the settings in which entrepreneurial efforts take place.
They may be leased from a parent company called a franchisor.
The goods or services a firm deals with determine the firm owner's occupation.Which of the following is true of firms?
Multiple choice question.
A firm owner never runs the firm's business.
They represent the settings in which entrepreneurial efforts take place.
They may be leased from a parent company called a franchisor.
The goods or services a firm deals with determine the firm owner's occupation.

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