
Business Essentials Unit 2 Review
Flashcard
•
Social Studies
•
12th Grade
•
Practice Problem
•
Easy
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24 questions
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1.
FLASHCARD QUESTION
Front
What do service businesses sell?
Back
intangible goods and services
2.
FLASHCARD QUESTION
Front
A business that buys goods or services and sells them to the ultimate consumer is a:
Back
retailer
3.
FLASHCARD QUESTION
Front
The retailer is demonstrating: e-tailing, wholesaling, social responsibility, voluntary merchandise
Back
social responsibility
4.
FLASHCARD QUESTION
Front
The grocery store is an example of a: builder, trade industry, service business, raw-goods producer
Back
trade industry
5.
FLASHCARD QUESTION
Front
All businesses should be socially responsible to whom?
Back
users
6.
FLASHCARD QUESTION
Front
A characteristic of a seller’s market is:
Back
higher prices
7.
FLASHCARD QUESTION
Front
A form of demand for products in which changes in price correspond to changes in demand is:
Back
elastic
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