1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fredd [130]
3 years ago
5

What does partnership form of business imply

Business
2 answers:
stiks02 [169]3 years ago
7 0
The answer should be two or more and central
seropon [69]3 years ago
5 0

Answer:

In a partnership, <u>TWO OR  MORE</u> individuals come together to do business. The two types of partnerships are general and <u>LIMITED</u>.

Explanation:

The main characteristics of general partnerships are:

  1. group ownership
  2. unlimited personal liability
  3. easily formed and managed by owners  
  4. pass-through federal income taxation

The main difference between a general partnership and a limited partnership is that limited partnerships limit investors' liability to the amount of money invested. Limited partnerships are a separate legal entity from their owners.

You might be interested in
Suppose the Japanese economy has been experiencing slow growth. As a result, the Prime Minister, who thinks John Maynard Keynes
snow_tiger [21]

Answer: The recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen

Explanation:

From the question, we are informed that GDP gap of 1 trillion yen and the marginal propensity to consume (MPC) is 0.60. Also, to close the GDP gap, the prime minister has decided to increase government spending. This means that there will be a recessionary gap because the actual GDP will be less than the potential GDP.

Fir the economy to be brought to its potential GDP, the spending of the government will give a stimulus to the economy. Since MPC is 0.6, the multiplier will be:

= 1/1-MPC

= 1/1 - 0.6

= 1/0.4

= 2.5

The government spending will then increase in order to close the recessionary gap as:

∆Y = ∆G × Multiplier

100 = ∆G × 2.5

∆G = 100/2.5

∆G = 40

Therefore, the recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen.

4 0
3 years ago
In ________, salespeople are independent contractors who not only sell the product, but also recruit additional salespeople.
belka [17]

Answer:

Multi-level marketing.

Explanation:

A business organization that is run with multi-level marketing strategy typically has 3 sources of income:

- The amount of money that each person have to pay in order to gain the membership status.

- The amount of money that memberships owners have to pay to be a distributor of their product

- The amount of money that they get from the sales of their product.

Most multi-level marketing companies will provide their members with some sort of 'Reward' if they managed to convert other people into purchasing memberships to organization. So, the more their members convert other people, the more wealthy that members will be. This will create a hierarchy like within an organization where the members who bring the most memberships place at the top of the hierarchy.  

5 0
2 years ago
Predictive analytics is used for all of the following exceptâ:
Sindrei [870]

Answer: determining the best routes for product delivery.

Explanation:

Predictive analytics is designed I order to help determine the effects of changes that occurs in a business environment.

It can be used for establishing consumer credit scores, forecasting the safety of drivers, identifying the most profitable customers and also anticipating customer response to price changes.

It is not used for determining the best routes for product delivery.

6 0
2 years ago
Consider the demand equation q=20,000 p^(-1.4). if the cost of production is constant at $0.50 per unit then what is the optimal
skelet666 [1.2K]

Consider the demand equation q=20,000 p^(-1.4). if the cost of production is constant at $0.50 per unit $1.75 is the optimal price to maximize profit.

The income maximization system depends on income general sales overall fee. consequently, a firm maximizes earnings while MR = MC, that is the primary order, and the second order depends on the first order. This idea differs from wealth maximization in phrases of length for income earnings and the company's goals.

Calculation,

The demand equation q=20,000 p^(-1.4)

The production constant is $0.50

maximum profit= $1.75

The choicest charge is that charge point at which the total earnings of the seller are maximized. while the rate is just too low the vendor is shifting a big quantity of devices but income is the best possible combination of income. Examples of income maximizations like this encompass: discovering less expensive raw materials than those presently used. discover a provider that gives better charges for inventory purchases. locate product resources with decreased delivery prices. lessen labor expenses.

Learn more about The optimal price here:-brainly.com/question/28332226

#SPJ4

4 0
9 months ago
In 2019, smileytown consumed 50,000 tubes of toothpaste. in 2020, toothpaste consumption rose to 62,000 tubes. Calculate the per
Bumek [7]

If smileytown consumed 50,000 tubes of toothpaste in 2019, and in 2020, toothpaste consumption rose to 62,000 tubes, then there is a 24 percentage of change in the toothpaste consumption.

<h3>What is the significance of consumption?</h3>

The consumption of any commodity can be referred to or considered as the quantity purchased by consumers for utilization in an economy during a given period of time.

We can infer that 50000 + 24% = 62000, and thus, the percentage change in the toothpaste consumption of smileytown between 2019 and 2020 is 24 percent.

Therefore, the significance regarding the change in consumption has been aforementioned.

Learn more about consumption here:

brainly.com/question/14933604

#SPJ1

5 0
1 year ago
Other questions:
  • After an oil spill off the California coast, the ladies’ aide society of Cedar Rapids , Iowa , raised money to send to voulentee
    11·1 answer
  • Before leaving England, __________ memorized the plans for a water-powered spinning machine and set up a textile plan in Pawtuck
    7·1 answer
  • Western auto inc. pays a​ $1.77 preferred dividend every quarter and will maintain this policy forever. what price should you pa
    9·1 answer
  • In which economic system does the government own most of the factories, equipment, and agricultural lands?
    10·1 answer
  • Teton Trails manufactures backpacks for adventurers. The backpacks come in two types: Daytripper, and Excursion. Teton anticipat
    13·1 answer
  • Economic exposure refers to Multiple Choice the sensitivity of realized domestic currency values of the firm's contractual cash
    5·1 answer
  • Can we get negative cost of equity? and what does it represent?
    10·2 answers
  • On January 1, 2018, the Accounts Receivable and the Allowance for Doubtful Accounts balances of Kendall Company were $40,000 and
    15·1 answer
  • Functions are often described as cause and effect in economics. In an economics function, if the variable is on the right-hand s
    15·1 answer
  • An economy produces only apples and oranges. The base year is 2012, and the table gives the quantities produced and the prices
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!