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6. What is a 'Take-over'?
- When a firm buys enough shares of another to control the decisions made (effectively buying it out)
- Re-decorating the businesses premises
- When a firm moves ahead of another in the market
- When two businesses agree to join together to share trading operations
7. What is a 'Trade off' ?
- A mesure of Standard of Living
- Weighing up advantages and disadvantages of a decision
- Buying something that another person wanted
- A bidding war between two parties
8. 'Capital Investment' is 'Spending on new equipment/machinery or materials to increase future production.
9. Therefore, What is 'Capital'?
- Stored up wealth
- The main city of a country
- A measure of economic growth
- The amount of money spent on employees
10. What is 'The Poverty Line'?
- A level of National Income for a country, which seperates people living in poverty and out of it.
- A level of income, below which Standard of living is too low to be accepted
- An actual line between poverty and wealth
- The number of people defined as living in poverty.
11. 'Net Profit' is profit with all expenses NOT deducted