If you are self-employed and start the business with another person and your are both equally liable, then you form a ___________
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With commodity production, production no longer for use by the producers but for exchange, the products necessarily ___________ ()
Franchise means you buy a license to trade under the name of the ___________ and you benefit from its expertise.
write a word means "you buy a licence to trade under the name of franchisor and you benefit from franchisor’s expertise’"
Using the total cost concept of applying the cost-plus approach to product pricing, all costs of manufacturing the product plus the selling and administrative expenses are included in the cost amount to which the markup is added()