Answer:
Their business should be classified as a Partnership.
Explanation:
The three major types of businesses are Sole Proprietorship, Partnership & Corporation. Sole Proprietorship has only one member and corporations have shared ownership and big in size. Partnerships are businesses in which a small number of people decide to pool in and start a business and are personally liable for any business debts. In this case the coffee shop opened by Franklin, John, Henry, and Harry would be classified as a Partnership.
Partnerships have a limited life and it will dissolve if any of Franklin, John, Henry, and Harry decide to leave the partnership unless stated otherwise in the charter of the partnership.
Answer:
The correct answer is economic growth.
Explanation:
A production possibility curve or frontier shows the different combinations or bundles of two goods that can be produced using limited resources. The curve is concave because of increasing opportunity cost.
An outward shift in the production possibility curve shows an increase in the level of production. This can happen because of two reasons
,
- Increase in the quantity of resources available
, and
- Improvement in technology
Both of these factors will help in increasing the level of production. In other words, we can say that the outward shift in the production possibility curve shows economic growth.
Answer:
Beta= 1.26
Explanation:
<u>First, we will calculate the proportion of the portfolio of each security:</u>
Security A= 600/1,000= 0.6
Security B= 400/1,000= 0.4
<u>Now, the beta of the portfolio:</u>
Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)
Beta= (0.6*1.5) + (0.4*0.9)
Beta= 1.26
