Briefly state the pros and cons of Partnership
Briefly state the pros and cons of Partnership?
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Easy to organize; greater specialization of management; and greater financial resources.
Financial resources are still limited; unlimited liability; possibility of disagreement among the partners; and precarious continuity.
Write short note on Demand, Supply and Equilibrium?
Illustrates how hard it is to define what is “American made” in today’s global economy?
Write short note on Demand?
Illustrate and clarify the economizing problem?
Describe the meaning of the term “invisible hand.”
Illustrate Economics for citizenship?
When turkey is $1 per pound and the relative price of ham to turkey is 2, in that case a pound of ham costs: (i) 50 cents. (ii) 1/2 pound of turkey. (iii) 2 pounds of turkey. (v) 12 pesetas. (iv) 5 euros. How can I
Illustrate several theories about causation?
Use the circular flow model to confirm this assertion for an expansion of preschool programs for disadvantaged children?
Q X= 600- 6PX + 20I +0.4PY c. Suppose PX increases by 10%, by what percentage would sales decrease? Explain how this price increase affect total revenues from good X.
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