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0450-20-M-J-13-3b
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TOPIC QUESTION - PAPER 1
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December 6, 2025 at 7:41:15 AM
May/June 2020
Version 3
1.0 Understanding Business Activity
1.2 Classification of Business
YOUR ANSWER
feature 1: decisions are not made by the government but the business has full authority over the decisions about the product instead
feature 2: they can implement their own objectives the main one being profit
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