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Oldie and Business organization types. A headline reads: " High Tech Firms Begin Producing New Generation of Computers. " What basic economic question is being addressed in this headline ? A for whom to produce B how to produce C what to produce D when to produce.
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A headline reads: "High Tech Firms Begin Producing New Generation of Computers." What basic economic question is being addressed in this headline? A for whom to produce B how to produce C what to produce D when to produce
2. A key advantage of a partnership is A limited liability of the partners B unlimited liability of the partners C specialization of the partners D ease of raising capital through stockholders
3. Jane and Jill run a photography business as a partnership. They are trying to decide if they wish to form a corporation. If they decide to incorporate, what will be a new disadvantage they will face? A double taxation B unlimited liability C sharing of profits D ease of startup
Key 1. C 2. C 3. A