Firms sanctioned by state laws

I have a problem in economics on Firms sanctioned by state laws. Please help me in the following question. The Firms sanctioned by state laws and considered lawful entities separate and dissimilar from their owners are: (1) Proprietorships. (2) Corporations. (3) Non-profit organizations. (4) Common bond firms. (5) Partnerships.

What is most accurate answer from the above.

View Complete Question

Related Questions in Microeconomics

Q : Increase output to increase profit When

When the last unit produced and sold adds $100 to revenue of a firm and $75 to its costs, this will: (a) increase output to increase profit. (b) reduce output to increase profit. (c) maintain similar level of output to maximize profit. (d) shut down.

Q : Problem on demand for Inferior Goods I

I have a problem in economics on demand for Inferior Goods. Please help me in the following question. When income rises, demands for: (1) Substitute goods reduce. (2) Inferior goods reduction. (3) Normal goods reduction. (4) Complementary goods rise.<

Q : Define regressive in taxes as

Line T2 depicts as in below graph a tax system which is: (i) progressive. (ii) recessive. (iii) proportional. (iv) biased. (v) regressive.

Q : Perfect competition ‘In the real world

‘In the real world there is no industry which conforms precisely to the economist’s model of perfect competition. This means that the model is of little practical value

Q : Effects of Globalization On Indian

On Indian industry what are the effects of globalization?

Q : Define Inferior good Inferior good : It

Inferior good: It is a good for which, other things equivalent, a rise in income leads to a reduction in demand.

Q : When is short run profit maximized

Short-run profit is maximized only while: (w) economic profit > accounting profit. (x) total cost = total revenue. (y) MC = MR (greater than minimum AVC). (z) costs are minimum or revenue is maximum. How can I s

Q : Deadweight Losses and Taxation Whenever

Whenever a tax on a good outcome less government revenue than the sum of the losses of producer and consumer surpluses due to tax, economists state that the tax has caused a/an: (1) Administrative loss. (2) Market failure. (3) Economic loss. (4) Bureaucratic loss. (5)

Q : Asset demand Select the right answer of

Select the right answer of the question. The asset demand for money: A) is unrelated to both the interest rate and the level of GDP. B) varies inversely with the rate of interest. C) varies inversely with the level of real GDP. D) varies directly with the level of nom

Q : Single monopoly in market A monopoly is

A monopoly is a single: (w) seller of differentiated products. (x) producer of a good for that there are no close substitutes. (y) producer of a good for that there are several substitutes. (z) buyer of products into the market.

Discover Q & A

Leading Solution Library

Avail More Than 1425586 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1937929
Asked

3,689

Active Tutors

1425586

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment