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28 September, 15:50

Businesses supply which of the following?

A. Goods and Services

B. Tax Revenue

C. Factors of Production

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Answers (1)
  1. 28 September, 17:50
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    A. Goods and Services

    Explanation:

    Business exists to provide solutions to the needs of customers. They develop innovative products and services that add value to the lives of consumers. A business makes profits by offering the goods and services to customers at a fee called price.

    Businesses invest in developing new, better, and cost-effective products to stay competitive. They research the needs and wants of customers and create products and services that meet customers' expectations. The business owner earns a profit for providing solutions to customer's problems.
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