In the above table, the efficient quantity of brownies is produced when the price of a brownie is equal to
A) 0.
B) 40¢.
C) 60¢.
D) 80¢.
C
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Which of the following is an advantage of starting a new business as a partnership?
A) Business profits are not taxed. B) A partnership has few government rules and regulations to comply with. C) The owners have limited personal liability. D) A partnership can easily attain additional funding.
What is it called when the value of a business is determined based on market-derived multiples?
a. income-based approach b. market-based approach c. excess earnings method d. asset accumulation approach e. none of these
If the firm is maximizing profits (minimizing losses), they are making a profit or loss of about ____.
A. -$1,000
B. $500
C. $3,000
D. $2,500
Having a refundable deposit for recyclable material
A) raises the marginal private cost of disposal. B) raises the marginal social cost of disposal. C) lowers the marginal private cost of disposal. D) lowers the marginal social cost of disposal. E) does not affect disposal costs.