The answer to the question is the third option, "Total control, but total liability". The decisions made regarding the business in sole proprietorship is mainly based on the thinking of one owner, in this case Antonia. In similar manner, all the liabilities are also hers.
Answer:
b) 156
Explanation:
Total utility is the total amount of satisfaction received by a consumer after consuming a given quantity of a product or service. In this question there is the total utility of five product.
Total utility = 162
utility of fifth product = 6
Total utility of other four products = Total utility - utility of fifth product
Total utility of other four products = 162 - 6 = 156
Answer:
A) production is determined by the interaction of supply and demand.
Explanation:
A pure market economy is an economy where production decisions are made by the forces of demand and supply. there is no intervention of the government in production decisions
Characteristics of a pure market economy
- Private ownership of means of production
- freedom of choice. Producers are free to produce what they desire
- competition among producers
- no government intervention.
$40 you want to charge enough to pay for them and make a profit.
Answer: D. Both thought processes are linear
Explanation: I think I'm not too certain.
