The most common form of business organization in the United States is the
A) proprietorship.
B) partnership.
C) corporation.
D) cooperative.
A
You might also like to view...
Sam's Scarves has 2 knitting machines and employs 2 people. They produce 15 scarves a day. If the firm hires an additional person, the 3 workers can produce 19 scarves a day other things remaining the same
The market for scarves is perfectly competitive and the price of a scarf is $20. The value of marginal product of the third worker is ________. A) $80 B) $300 C) $380 D) 4 scarves
The change in price that results from a rightward shift in demand will be greater if
A) the supply curve is horizontal than if the supply curve is upward sloping. B) the supply curve is relatively steep than if the supply curve is relatively flat. C) the supply curve is upward sloping than if the supply curve is vertical. D) the supply curve is horizontal than if the supply curve is vertical.
The NASDAQ is the only stock exchange where corporations are able to sell stocks and raise money since other exchanges failed in the 2008–2009 Great Recession.
Answer the following statement true (T) or false (F)
The first economist to point out the importance of specialization of labor was
a. Leonardo da Vinci. b. Adam Smith. c. David Ricardo. d. John Maynard Keynes. e. Enrico Caruso.