__________ are needed to pay a return to the owners of the business.
Capital
Land
Profit
None of these
_________ is the difference between the selling price of a product or service and the cost of bought in materials and components.
Value added
Growth
Survival
____________ are the aims or targets that a business work to wards.
Business objective
Economic objective
Determination of objective
___________ is the owner of a business.
Entrepreneur
Labour
Producer
Factors of production are ___________ .
Unlimited wants
Limited in supply
Unlimited supply
___________ are those resources needed to produce goods or services.
Limited resources
Factors of production