The most common type of firm in the United States is the
A) proprietorship.
B) partnership.
C) corporation.
D) limited partnership.
Answer: A
You might also like to view...
The labor force participation rate equals the
A) (labor force divided by the number of people not in the labor force) × 100. B) (number of employed divided by the labor force) × 100. C) (labor force divided by working-age population) × 100. D) (labor force divided by the total population) × 100.
Which of the following is true of the relationship between price and marginal cost under monopolistic competition?
a. P = MC at all levels of output b. P = MC only at the profit-maximizing quantity c. P > MC at the profit-maximizing quantity d. P < MC at the profit-maximizing quantity e. P < MC at the quantities below the profit-maximizing quantity
Federal antitrust laws in the United States are intended to
A) promote competition by prohibiting monopolies. B) promote income equality. C) create new monopolies. D) create only government-owned organizations.
fannies me, Freddie Mac, and similar government-sponsored enterprises obtain their funds from:
A. issuing commercial paper and bonds. B. the U.S. Treasury. C. the Federal Reserve. D. both the U.S. Treasury and the Federal Reserve.