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Brian is starting his own business producing chairs designed to be used while playing video games. This is an example of _________.

Acreating a monopoly
Bspecialization
Cthe factor market
Dself-interest

Profit is best described as

Aa gain in material items or money after any type of transaction.
Ca monetary loss after a transaction.
Ba monetary gain that occurs as the result of a transaction.
Dthe term used to describe an equal trade in goods or services.

Verified Answer :

  • Brian's business is an example of  Specialization

    In business, specialization refer to creating  a specific product (the chair) For specific consumers in the Market ( the gamers)

    Profit is best described as : B. A monetary gain that occurs as the result of transaction

    Monetary does not always mean money. Monetary is basically everything that have an Economic Value

Answer:

Brian is starting his own business producing chairs designed to be used while playing video games.  This is an example of _________.

a.

creating a monopoly

b.

specialization

c.

the factor market

d.

self-interest

Explanation:

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