a house wife sells newspaper every month. is it a business activity or not?explain (3 marks)
it would be a business if she sells them on a regular basis and gains profit out of it
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It is not a business activity because the house wife is not earning any profit from the sale each month... There is no profit because because the value of the newspaper would be more when the newspaper was bought and not when it was resold
I hope this clarifies your query..
I hope this clarifies your query..
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No it is not a business because business refer to that economic activity which is conducted on regular bases for the purpose or earning money by production and sale of goods and services there selling of paper is not the works which is perform by her on regular bases
My be it help you
My be it help you
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This is an activity because she is she is maybe thinking that while sitting lonely is better to do any type of work and if she had started business then she need some workers which is need in any type of business and she don't have any think like this thats why this is an activitiy
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