In the text,the key question in the "economics of a business" is
A)whether the need to grow revenues is being met.
B)should the firm be in the business in which it is operating.
C)whether the firm faces rising labor costs.
D)can the firm affect its market share.

Question

Quizplus · Accepted Answer

The text states that the key question in the "economics of a business" is whether a firm should be in the business in which it is operating. This speaks to the fundamental question of a firm's viability and sustainability in its chosen industry or market. The other options (A, C, and D) are potentially relevant factors in a business's economics, but they are not the primary question at the heart of the matter.

In the Text,the Key Question in the "Economics of a Business