Limited liability is a benefit available only to
A) sole proprietorships.
B) partnerships.
C) corporations.
D) All of the above.
C
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Increases in interest rates are often blamed on
A) Congress. B) the President. C) the Fed. D) the U.S. Treasury.
The demand for computer programmers is inseparably tied to the supply of computer software
a. True b. False Indicate whether the statement is true or false
________ is a market structure in which a large number of firms compete vigorously with each other in producing and selling different varieties of a basic product.
A. Monopolistic competition B. Perfect competition C. Monopoly D. Oligopoly
We say that the demand for labor is a derived demand because:
A. labor is a necessary input in the production of every good or service. B. we demand the product that labor helps produce rather than labor service per se. C. the forces of supply and demand do not apply directly to labor markets. D. labor is hired using the MRP = MRC rule.