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1. (TCO 1) Intangible products, such as income tax return preparations, educatio

ID: 2505788 • Letter: 1

Question

1. (TCO 1) Intangible products, such as income tax return preparations, education, and healthcare. (Points : 5)       Business
      Goods
      Services
      Entrepreneur
      Revenue

Question 2.2. (TCO 1) Tangible products, such as computers, food, clothing, automobiles, and appliances. (Points : 5)       Business
      Goods
      Services
      Entrepreneur
      Revenue

Question 3.3. (TCO 1) Buying products from another country. (Points : 5)       Importing
      Exporting
      Free Trade
      Absolute advantage
      Comparative advantage

Question 4.4. (TCO 2) A business 1. (TCO 1) Intangible products, such as income tax return preparations, education, and healthcare. (Points : 5)       Business
      Goods
      Services
      Entrepreneur
      Revenue

Explanation / Answer

1.Services

2.Goods

3.Importing

4.CSR

5.Balance of trade

6.Tariffs

7.Intrapreneurs