Arturo wants to start a business where he is the chief executive officer and the company does issue stock. The type of business Arturo wants to start is a
A) sole proprietorship. B) corporation.
C) partnership. D) Any of the above could be correct.
B
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Choosing from among the following, the worst recession was in
A. 1937-1938. B. 1980. C. 1990-1991. D. 2001.
Kate's Great Crete (KGC) is a local monopolist of ready-mix concrete. Its annual demand function is Q = 20,000 - 400P, where P is the price, in dollars, of a cubic yard of concrete and Q is the number of cubic yards sold per year. What is KGC's marginal revenue function?
A. MR = 20,000 - 200Q B. MR = 400 - 10,000Q C. MR = 50 - (1/400)Q D. MR = 50 - 0.005Q
What are the relationships among capital, interest rates, and interest income?
What will be an ideal response?
The real rate of interest is
A. the average rate of interest over the last 20 years. B. the nominal interest rate minus the anticipated rate of inflation. C. the interest rate received by the lender minus the handling charges of the loan. D. the interest rate actually paid explicitly by the borrower.