Select which of the ways that entrepreneurs improve the economy is being described:

Because entrepreneurs need to buy products to keep their businesses running, other businesses are needed to meet these needs.

A. new business taxes

B. demand for products

C. new technology

D. self-confidence

Question

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Business

8 July, 10:58

Select which of the ways that entrepreneurs improve the economy is being described:

Because entrepreneurs need to buy products to keep their businesses running, other businesses are needed to meet these needs.

A. new business taxes

B. demand for products

C. new technology

D. self-confidence

+3

Answers (1)

Know the Answer?

Eric Baldwin · Answer 1

Answer: (B) Demand for products

Explanation:

The demand for the products is basically refers to the process in which the amount of the specific products are get purchased for the particular price so that the one business organization increase their productivity and the other business meets its specific requirement.

There are basically five factors which determine the demand of products function in an organization are as follows:

Income of the buyer Price Customer choice The actual price of the related other products Future supply expectations

Therefore, Option (B) is correct.

Select which of the ways that entrepreneurs improve the economy is being described:Because entrepreneurs need to buy products to keep their businesses running, other businesses are needed to meet these needs.A. new business taxesB. demand for productsC. new technologyD. self-confidence

Select which of the ways that entrepreneurs improve the economy is being described:

Because entrepreneurs need to buy products to keep their businesses running, other businesses are needed to meet these needs.

A. new business taxes

B. demand for products

C. new technology

D. self-confidence