Answer:
Limited liability company
Explanation:
A limited liability company is a company where the liabilities of partners is limited to the amount invested in the company. A limited liability company has features of both a partnership and a sole proprietorship
The partnership is made up of a general partner and the limited partners. the general partner is involved in the daily running of the business. The limited partners are not involved in the daily running of the business. They just contribute capital.
In this question, the person involved in the running of the business is the general partner while the other 9 friends are the limited partners.
All of the above given options contributed to the financial crisis of 2008.
Option D
<h3>
<u>Explanation:</u> </h3>
The 2008 financial crisis has been cumulative of many factors which started in early 2000. Over the period of time from 2000-2008, the government sought to reduce federal funds rates increasing liquidity. The interest rates started increasing and the real estate market was at its saturation point, furthermore, there was also a subprime crisis in terms of loans and mortgages which negatively affected the market.
2008 recession was the climax of all the bad financial decisions that prevailed for many years prior. However, the recession was a global problem and many governments sought to reduce rates, purchased distressed assets and also sought to the nationalization of some financial institutions.
Because of supply and demand. More demand for a product makes the price go and and the supplier gives more because they get more
Answer:
Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information, no transaction costs, where there are a large number of producers and consumers competing with one another. Perfect competition is theoretically the opposite of a monopolistic market
Explanation:
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For people who do not graduate from high school, their median yearly earnings are roughly $19,000 per annum.
<h3>What is the meaning of median
yearly earnings?</h3>
The median yearly earnings means the average amount earned per annum by a person.
The individual who do not graduate from high school is also called an high-school dropout, hence, the statistics shows that their median yearly earnings are roughly $19,000 per annum.
Read more about yearly earnings
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