Whether Person X would like to acquire any of his materials or products from abroad. Introduction: A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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Chapter 4, Problem 4.11A

Summary Introduction

To determine: Whether Person X would like to acquire any of his materials or products from abroad.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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