Problem on organizing the business

The individual who wants to begin up a business, however who not want to risk in losing personal property if the business fails, must organizes the business as: (1) Sole proprietorship. (2) Partnership. (3) Corporation. (4) Unlimited partnership.

Find out the right answer from the above options.

View Complete Question

Related Questions in Microeconomics

Q : Economically inefficient level of output

A monopolist produces an economically inefficient level of output since: (i) the difference among marginal revenue [MR] and marginal costs [marginal costs [MC] is maximized. (ii) P > average total costs [ATC], therefore MSB < MSC. (iii) all cons

Q : Define marginal cost Marginal cost : It

Marginal cost: It is the change in sum cost by generating one more or less unit of output.

Q : Labor markets profit maximization When,

When, after hiring the very last worker, the organization’s profit is similar as it was before the last worker was hired, then the firm must: (1) Hire more workers to raise the profit. (2) Layoff some workers to raise the profit. (3) Not appoint any more workers

Q : Importance of strategic management

Explain in brief about the importance of strategic management towards the success of a business?

Q : Shut down by drastically raise price in

Mom and Pop Ping-Pong Balls is an established table tennis supply store within a small city. You are the owner of Ping-Pong Megastore as well and you have just opened up a location in their small city. When you set prices so low which Mom and Pop is forced to shut dow

Q : Determine annual interest rate If all

If all US Treasury bonds are perpetuities that annually pay the sum of one thousand and 00/100 dollars [$1000] each year, always, to the holder of this bond starting one year from today and if the current market price of such bond wer

Q : Define budget line Budget line : Budget

Budget line: Budget line exhibits all combinations of two goods which a consumer can purchase with his income at a specified price.

Q : Derived Demand for the Labor Can

Can someone please help me in finding out the accurate answer from the following question. Declines in international price of oil would be most probable to cause: (1) Wages of bicycle factory workers to rise. (2) Demand for automobiles to reduce. (3) Incomes of the ge

Q : Market structure of unregulated monopoly

An unregulated monopoly is a market structure: (w) which is especially inefficient when price discrimination is practiced. (x) inhabited by several firms, all selling identical goods. (y) composed of a single firm which controls the production and pri

Q : Probable demand to be least price

Of the given, the good for that demand is probable to be least price elastic is: (i) electricity used to light downtown streets. (ii) airline tickets in late December. (iii) Bic pens. (iv) chocolate milk. (v) Merit cigarettes.

Discover Q & A

Leading Solution Library

Avail More Than 1422379 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1936723
Asked

3,689

Active Tutors

1422379

Questions
Answered

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

Submit Assignment