Taxes on labor tend to encourage second earners to stay at home rather than work in the labor force
a. True
b. False
Indicate whether the statement is true or false
True
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The primary disadvantage of the corporation is unlimited liability.
Answer the following statement true (T) or false (F)
An HVAC company is selling heating and cooling equipment. Between its sales staff and the VP of Marketing, the sales staff would want to
a. Price aggressively to ensure sales are made b. Price less aggressively to ensure that profitable sales are made c. Price at cost to minimize sales d. None of the above
Possible goals of Not-For-Profit (NFP) enterprises include all of the following EXCEPT:
a. maximize total costs b. maximize output, subject to a breakeven constraint c. maximize the happiness of the administrators of the NFP enterprise d. maximize the utility of the contributors e. a and c
Explain why greater equality is inevitably gained at the expense of efficiency.
What will be an ideal response?