A type of corporation that combines the capital raising options and limited liability of a corporation with the federal taxation advantages of a partnership
What will be an ideal response?
S corporation
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Angela, Bonnie, and Carl are visiting the local paint store. Angela, owner of Angela's Artful Painting Co, is posting a Help Wanted sign because she is looking for more painters to join her crew. Bonnie, who is a sole proprietor, is placing an order for 12 gallons of green paint. Carl is a painter who is looking for a job and is reading the bulletin board in the paint shop. Who is operating in
the long run? a. Angela only b. Bonnie only c. Carl only d. Carl and Angela e. no one is operating in the long run
Table 11-2 QTRTC89590910293 10110100 11112105 12115110 ? In Table 11-2, average cost at the profit-maximizing output is how much?
A. $5 B. $8 C. $10 D. $11
What other name does Professor Tabarrok give to the economy's long-run potential growth rate?
A. the equilibrium growth rate B. the Solow growth rate C. the factor growth rate D. the fundamental growth rate
The figure below shows the market for MP3 players in a small country. Dd and Sd are the domestic demand and domestic supply curves of the MP3 players. QQ is the quota quantity. How many MP3 players can be imported from abroad after the quota is imposed?
A. 5 million B. 2 million C. 17 million D. 12 million