Question

For the business of persia able goods which factor shall govern the most to option form of business

Answer 1

A simple economic model illustrating the flow of goods and services though the economy. In the model, producers are termed as "firms" while consumers are referred to as "households." Firms supply goods and services while households consume these goods and services. Factors of production (land, labor, capital) are supplied by the household to firms and the firms convert these into finished products for household consumption.

Answer 2

The factor governing is the nature of the business activity.

• An important consideration when choosing a company or organisation is the type of business.
• A sole-trade business is appropriate if the business works with the local market, a seasonal product, or perishable commodities. It is not a legal entity and is the most basic sort of company structure.
• The sole proprietorship form of a firm's structure is one in which a single owner owns, manages, and controls all the aspects of the business.
• In this type of business, it is personally liable for the business's debts, but federal registration is not necessary for a sole proprietorship to exist.
• Further, this type of business is suitable for:

1. Perishable goods that are sold in local markets.
2. Any kind of artistic work
3. Personalised services

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