Answer: Insurance premium
Explanation:
Answer: General partners
Explanation:
General partners refers to the group of two persons operating a business. These partners have the decision making authority in the business and are personally liable for any debt and liabilities of the business.
In the given case, Jenna and Al both are willing to operate a business together. There is nothing mentioned about the limited liability and also the structure is not company so they could not be majority shareholders.
They are working for themselves and not for others so they are not consultants either.
Hence the correct option is B.
Answer:
$38,933
Explanation:
A=P( 1 + r/100)^n
A= amount
r= rate(4%)
n=period (5)
A=32,000 ( 1 + 4/100)⁵
A=32,000 (1.04)⁵
A=38,932.89
A=$38,933( nearest whole number)
Answer:
It occur where MR = MC
Explanation:
Perfectly competitive organization or firm is the one who is price taker, which states that they must accept the price at which it sells the goods to consumer.
In a firm that is a perfectly competitive, the level of output as well as the price happen where the Marginal Cost is equal to the Marginal Revenue.
It is stated as MR = MC.
Answer:
(E). Marketing channel
Explanation:
<u>Marketing channel</u> or distribution channel consists of <u>people, firms, processes and activities through which goods are transferred from the manufacturers to the final consumers.</u>
An individual who owns several shoes must have gotten them through various marketing channels.
