Unlimited liability is found in
A) proprietorships and corporations.
B) partnerships and corporations.
C) proprietorships and partnerships.
D) proprietorships, partnerships, and corporations.
Answer: C
Economics
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When banks borrow money from the Federal Reserve, these funds are called
A) federal funds. B) discount loans. C) federal loans. D) Treasury funds.
Economics
The above figure shows the demand and cost curves facing a monopoly. Maximum profit equals
A) $0. B) $100. C) $1,000. D) $2,500.
Economics
The demand curve displays the wishes of _____________.
Fill in the blank(s) with the appropriate word(s).
Economics
Whenever an isoquant exhibits a diminishing marginal rate of technical substitution, the corresponding isoquants are:
A. concave to the origin. B. L-shaped. C. convex to the origin. D. linear.
Economics