Questions and Answers >ACCESS Virtual Learning 2022._University of South Alabama EH 102 _ 1.02 Small Business and Economics Total Points: 50.

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1.02 Small Business and Economics Total Points: 501. What is the difference in a need and a want?2. What is discretionary income?3. Compare the operation of a big ... box store to a small business. 4. Explain how a small business can compete with a big box store to be successful. 5. Explain a challenge of a small business owner. 6. What is the law of supply and demand and how does it affect prices? 7. What does inelastic mean in economics? 8. What are some reasons why the failure rate of small businesses is so high? 9. Describe a successful small business or entrepreneur in your area and explain why you  think they are successful. 10. How do small businesses and entrepreneurs influence the U.S. Economy? [Show More]

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