1. Differentiate between these two terms as it relates to the Nature of Business: a) Needs b) Wants B) List two functions of a Business. C) Briefly
explain TWO of the following types of business organizations. i)
Partnership ii) Public Limited Company iii) Co-operatives
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Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.

Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?