Which one of the following statements is accurate as regards functions of a? corporation?
A. A corporation is owned by two or more partners.
B. Public corporations are said to be publicly held or publicly traded.
C. The stock of a public corporation is sold to founding partners only.
D. Private corporations are also known as sole proprietorships.
E.The stock of a private corporation is sold to anyone who has the means to buy it.
B. Public corporations are said to be publicly held or publicly traded.
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In reference to short-term economic fluctuations, the "peak" refers to:
A. a particularly strong and protracted expansion. B. the high point of economic activity prior to a recovery. C. a period in which the economy is growing at a rate significantly above normal. D. the high point of economic activity prior to a downturn.
What are the different things that are not accounted for in the calculation of the GDP of a country?
What will be an ideal response?
Refer to Figure 2-13. What is the opportunity cost of producing 1 ton of coconuts in Guatemala?
A) 1/2 of a ton of pineapples B) 1 1/3 tons of pineapples C) 2 tons of pineapples D) 90 tons of pineapples
Refer to Figure 15-3. Suppose the monopolist represented in the diagram above produces positive output. What is the profit-maximizing/loss-minimizing output level?
A) 630 units B) 800 units C) 850 units D) 880 units