As a form of business, a partnership
A) has limited liability.
B) has only one owner.
C) cannot issue stock.
D) has the most government rules and regulations affecting it.
Answer: C
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A decrease in the relative price of economics textbooks will raise the aggregate quantity of an economy's goods and services demanded
a. True b. False Indicate whether the statement is true or false
If a landscaper can hire an additional employee for $300 weekly, what is one concept the landscaper could use to determine whether hiring this employee is a good idea?
What will be an ideal response?
Refer to Table 2-9. Thailand has a comparative advantage in the production of
A) wristwatches. B) rice. C) both products. D) neither product.
Private firms and public bureaus differ in the sense that
a. only private firms employ capital b. public bureaus usually show a profit c. some public bureaus are inefficient d. ownership of private firms is transferable e. ownership of public bureaus is transferable in the marketplace