The ability to share work and share risk is an advantage for
A) partnerships. B) sole proprietorships and partnerships.
C) sole proprietorships. D) sole proprietorships and corporations
A
You might also like to view...
A monopolistic competitive firm’s quantity produced is which of the following?
a. Greater than a monopolist but less than a perfect competition firm b. Less than a monopolists but greater than a perfect competition firm c. Greater than a monopolists and greater than a perfect competition firm d. Less than a monopolists and less than a perfect competition firm
Since the 1960s, macroeconomists have become more aware
a. that increases in government expenditures are more effective than tax reductions as a source of economic stimulus. b. that persistent inflation will reduce the unemployment rate. c. of both the potential and the limitations of fiscal and monetary policy as stabilization tools. d. of the fact that fiscal policy is more potent than monetary policy.
When demand is perfectly inelastic, the price elasticity of demand
a. is zero, and the demand curve is vertical. b. is zero, and the demand curve is horizontal. c. approaches infinity, and the demand curve is vertical. d. approaches infinity, and the demand curve is horizontal.
Which one of the following statements is TRUE?
A. Over the years, real consumption spending has been more volatile than real investment spending. B. Over the years, real investment spending has been more volatile than real consumption spending. C. In the Keynesian model, changes in the volume of real investment spending are fully explained by changes in the real interest rate. D. Domestic real investment in the United States was highest during the Great Depression.