Select the correct answer.
Ron and Nick chose to start their own businesses. Ron wanted to start an ice cream shop, and Nick wanted to launch a television manufacturing company.
Ron and Nick had equal amounts of funds on hand and no government regulations restricting
them. Months later, however, Ron has already set up his
business, while Nick is still struggling to raise additional funds to build a factory. What
was the main factor that affected Nick's business?
O A. an irrelevant business idea
O B.
low demand for TVs in his country
OC. high start-up costs
O
D. lack of labor