Social Sciences, asked by attarhuzaif88, 11 months ago

answer the following question

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Answered by AseemSinghKhuranna

1

Answer:

1. Business is an economic activity.

2. Barter exchange is an exchange with Goods/Money's worth.

3. Profession cannot be transferred to other person.

4. Capital is required for Business/entrepreneurship.

5. Transport creates place utility.

6. I am not very sure about this one.

7. The basic purpose of business is to earn profit / maximize profit

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