Who controls a sole proprietorship?
A) the owner
B) the stockholders
C) the bondholders
D) the employees
Answer: A
You might also like to view...
An expansionary fiscal policy is likely to
A) decrease a government budget surplus (or increase a budget deficit) and increase borrowing by the Treasury which will sell more bonds. B) increase a government budget surplus (or increase a budget deficit) and decrease borrowing by the Treasury which will buy more bonds. C) increase a government budget surplus (or increase a budget deficit) and increase borrowing by the Treasury which will sell more bonds. D) decrease a government budget surplus (or increase a budget deficit) and decrease borrowing by the Treasury which will buy more bonds.
The economy's long-run aggregate supply curve:
A. slopes upward and to the right. B. is vertical. C. is horizontal. D. slopes downward and to the right.
The used-car market is an example of an market with imperfect information.
Answer the following statement true (T) or false (F)
What is the firm's average variable cost at an output of 5 units?
The following cost data are for a firm in the short run:
A. $30
B. $60
C. $120
D. $140