Business, 22.07.2019 09:00 riley01weaver1

6. the government has an interest in promoting competition between businesses because competition results in a. lower prices and lower-quality products b. higher prices and higher-quality products c. lower prices and higher quality of products. d. higher prices and lower-quality products 7. which of the following is an advantage of investing in a mutual fund? a. investments are made in only one company b. professional management c. guaranteed profit d. no risk 8. if the unemployment rate is rising, what part of the business cycle is the economy most likely experiencing? a. peak b. recession c. spiral d. expansion 9. in what way might a partnership be better than a sole proprietorship? a. liability is limited. b. setup costs are higher. c. profits are split. d. more capital is available. 10. which of the following is a disadvantage of the sole proprietorship form of ownership? a. split responsibility b. limited liability c. control over the business d. unlimited liability

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