Complete/Correct Question:
A proprietorship has three important advantages:______________.
(1) It is easily and inexpensively formed,
(2) it is subject to government regulations, and
(3) it is subject to lower income taxes than are corporations
Answer:
True
Explanation:
A proprietorship is an unincorporated business owned by an individual. Starting a proprietorship business is easy to start and has it most important advantage stated above in the question. it also has its limitations and as such some sole proprietorship businesses have converted to corporations when the business limitations are too overwhelming.
The limitations of sole proprietorship includes unlimited liability for the business or debts it might incure, the life of the business is a function of the life span of the owner, inability to secure huge capital from banks,etc.
A sole proprietorship is therefore used for small businesses.
Cheers.
Answer:
D. A monopoly that results when one firm is able to produce at a lower cost than multiple firms, giving large firms with higher levels of output an advantage over smaller competitors.
A. Municipal Power Light, the local supplier of electricity.
Explanation: A natural monopoly is a monopoly enjoyed by a firm due to its large nature through which it is able to enjoy Economies of scale and produce at a reduced cost which other companies are unable to meet up with.
WITH A NATURAL MONOPOLY, A FIRM HAS A CONTROL OVER THE PRICE OF THE PRODUCT PRODUCED AND SERVICE RENDERED AS THERE ARE NO CLOSE SUBSTITUTE.
The municipal Power light, the local supply of power is an example of a firm that can enjoy Natural monopoly.
Answer:
c. 0.0819
Explanation:
The mean = 0.85
standard error of the proportion is: sp = sqrt(pq/n)
= sqrt ((.85)(0.15) / 51) = 0.05
P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )
= P(1.23 < z < 1.92)
= P(z < 1.92) - P(z < 1.23) = 0.0819
The fact that Juan believes that battles such as the French Revolution are necessary for a country to preserve liberty, to maintain or gain land, and will ultimately lead to a more even distribution of wealth among a population means that Juan's thoughts from conflict theory sociological perspective. The conflict theory states that conflict are result of the competition for limited resources.
Answer:
C. A price reduction that a producer gives to resellers to encourage
them to promote products
Explanation:
bcuz that's what advertising allowance is
