Briefly state the pros and cons of Proprietorship
Briefly state the pros and cons of Proprietorship?
Expert
Easy to start and provides maximum freedom for the proprietor to do what she/he thinks best.
Limited financial resources; the owner must be a Jack-or-Jill-of-all-trades; unlimited liability.
Illustrate Scarcity and choice of Economic Perspective?
Fuel stamp programs which subsidize heating oil purchases through low-income households encourage those families to: (w) create more income by working. (x) particularly conserve on their use of fuel. (y) live along with less purchasing power. (z) subs
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good. Answer:
ECONOMICS Explain why each of the following statements is True, False, or Uncertain according to economic principles. Use diagrams where appropriate. Unsupported answers will receive no marks. It is the ex
Intermediaries do not classically: (w) reduce transaction costs. (x) absorb risk. (y) try to make profits. (z) cause prices to be more volatile. I need a good answer on the topic of Economic problems. Please give m
Illustrations of activities which generate negative externalities would not comprise: (w) burning coal that results in acid rain. (x) smoking a cigar at the opera. (y) killing fish by dumping sewage into a river. (z) being inoculated against a contagi
Contrast a vertically integrated firm, a horizontally integrated firm, and a conglomerate?
Illustrate a fundamental characteristic of demand behavior?
Explain the slope of a straight line is the ratio of the vertical change to horizontal change between any two points on the line?
When given resources can now produce additional goods than was previously probable, then there have been a: (1) Stock market boom. (2) Competitive spurt which shrinks entrepreneurial gain. (3) Concavity reversal in the production possibilities frontier. (4) Bigger rel
18,76,764
1946302 Asked
3,689
Active Tutors
1453074
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!