1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sweet-ann [11.9K]
3 years ago
9

Franklin, John, Henry, and Harry have decided to pool their financial resources and business skills in order to open up and run

a coffee shop. They will share any profits or losses that the business generates and will be personally responsible for making good on any debt that their business undertakes.
Business
1 answer:
zavuch27 [327]3 years ago
6 0

Answer:

A) Partnership

Explanation:

A partnership is a type of business where two or more people (called partners) come together and form one single company. The main advantages of forming a partnership are:

  1. partnerships are easy to set up
  2. since more than one person is involved, a partnership can gather more capital
  3. the talents of the partners are shared
  4. the partnership is not taxed directly, it is a pass through entity where the partners are taxed directly

The main disadvantage of forming a partnerships is that the partners are personally liable for all the partnership's debts and obligations.

You might be interested in
Mainline Ltd. is a landline telephone manufacturer whose average return on invested capital is approximately 2 percent. Because
irinina [24]

Answer:

competitive disadvantage

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question in this scenario Mainline Ltd. has a  competitive disadvantage. This term refers to an unfavorable circumstance or condition that causes a firm to underperform in an industry. Which in this case low demand for landlines causes this.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
4 years ago
The​ short-run aggregate supply curve slopes upward because of all of the following reasons except
ololo11 [35]

Answer:

B) in the short run, an unexpected change in the price of an important resource can change the cost to firms.

Explanation:

The short run aggregate supply (SRAS) curve is upward sloping because as the price of goods and services increases, the quantity supplied will increase. In the short run, wages are more sticky than prices, and businesses can adjust prices more rapidly than employees can get a raise. This will result in businesses increasing their profit margins as the general level of prices increases, therefore the SRAS curve will be upward sloping.

An unexpected change in the price of a key input will shift the entire SRAS curve either to the right (price of key input decreases) or to the left (price of key input increases).

3 0
4 years ago
Read 2 more answers
Checking account A charges a monthly service fee of $20 and a wire transfer fee of $3, while checking account B charges a monthl
natali 33 [55]
 the answer should be  
D. 10 
3 0
3 years ago
Read 2 more answers
Three categories of economic activities included in the business services sector of the economy include
ch4aika [34]
<span>information, research, and management This an approach to portray a learning based part of the economy, which normally incorporates administrations, for example, data innovation, data age and - sharing, media, and innovative work, and also information based administrations like discussion, training, money related arranging, blogging, and planning. The quaternary segment depends on learning and ability. It comprises of scholarly ventures giving data administrations, for example, figuring and ICT , consultancy and R&D . As per a few definitions, the quaternary area incorporates other unadulterated administrations, for example, media outlets, and the term has been used to depict media, culture, and government.</span>
7 0
3 years ago
Read 2 more answers
Suppose that Verizon Wireless has hired you as a consultant to determine what price it should set for calling services. Suppose
Feliz [49]

Answer:

If Verizon charges an optimal two-part price thenconsumer surplus will be zero.

Explanation:

Given a competitive market the consumer surplus will be the area of the demand curve above the market price

This is, between the intersection point with Y axis and a parallel at market price. Ofter represent as a triangle

If a monopolistic company maximize profit It will decrease this consumer surplus as much as it can to gain it from itself.

First it will set price equal to his marginal revenue.

Then, if possible it will charge two tariff a fixed component and a variable component per usage This will extrac all consumer surplus in favor of the firm leaving a consumer surplus of zero.

If Verizon charges an optimal two-part price thenconsumer surplus will be zero.

3 0
3 years ago
Other questions:
  • Ronald works for a small biotech firm. When the firm presents the results of its clinical trialsto the FDA, Ronald realizes that
    5·2 answers
  • What is the name of the monopolist having a declining long-run average cost throughout the market?
    11·1 answer
  • On January 1, Year 1, Duffy Enterprises issued $100,000 in bonds that mature in 10 years. The bonds were issue at face value. Th
    9·1 answer
  • Suppose Mexico’s opportunity cost for producing 1 unit of food is 3 units of clothing and the United States’ opportunity cost fo
    8·1 answer
  • Regardless of how departments like​ accounting, engineering,​ finance, and marketing function in an​ organization, they are all
    14·1 answer
  • Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and
    7·1 answer
  • A company's days' cash on hand is computed by dividing:​ Group of answer choices ​cash and short-term investments by daily cash
    10·1 answer
  • What are the causes of xenophobia​
    15·2 answers
  • What is a LinkedIn InMail?
    9·1 answer
  • In which stage of the product life cycle will promotional expenditures be especially high in an attempt to create consumer aware
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!