An advantage of the proprietorship as a form of business organization is

A) its limited liability.
B) its limited access to capital, thus reducing the possible size of debt.
C) that it is easy to form.
D) that it can sell bonds to the public.


C

Economics

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The ratio of a country's average export price to its average import price is

(a) its absolute advantage. (b) its comparative advantage. (c) its terms of trade. (d) its exchange rate.

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Mechanic lien laws grant property rights to labor. They allow labor to make claims against the real property of businesses for work completed or materials supplied

Indicate whether the statement is true or false

Economics

Which of the following is an example of bundling?

A) a pair of pants B) a pizza and beer lunch combo C) a bicycle D) All of the above.

Economics

The aggregate demand curve is the relationship between the:

a. Price level and the sales of producers b. Price level and the purchasing of real domestic output c. Price level and the distribution of real domestic output d. Real domestic output bought and the real domestic output sold

Economics