Antonia runs her own business as a cabinetmaker. what benefit and what drawback does her sole proprietorship entail? . control over decision making, but high costs. shared liability, but shared profits. total control, but total liability. more investment, but double taxation

Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme-type dinners for friends who were having parties. to generate even more interest in the business, janelle created on her website. she posted pictures of events, and close-ups of the food they served. she encouraged patrons and others to post reviews, comments, and favorite recipes, and to share their own party ideas. her promotion became a dialogue between buyers of her service and the business. interactive promotion infomercials product placement broadcast

Which example would the government consider as intellectual property? a. product design that contains a hologram of the logo of the company b. a copy of a famous artist’s painting in a new medium c. a plant species discovered in the united states for the first time d. a method of production that is common to an entire industry e. a discount structure offered to the customer at a store

Gross output (go) reflects the overall status of the productive side of the economy better than gdp does. a. true b. false