Answer:
-Private company has mininmum 1 and maximum 101 member.
Public company has minimum 7 member and maximum is bounded by its share capital.
-Private company is smaller than the public companies by the no.of capital.
Public company is larger than private company and spread in different place.
-Private company uses the term Private limited after its name.
Public company uses the term Limited after its name.
-Examples of Private company are: Asmita Book Publication Pvt.ltd and Karunanidhi Education Foundation Pvt.ltd
Examples of Public company are:Nepal oil corporation and Nepal electricity Authority.
Answer:
Informational
Explanation:
Labeling is important for three specific reasons, including promotional and legal reasons, the third reason is informational.
Labeling is an aspect of branding which makes it easier for product identification to be achieved. A label is a piece of information printed on the package of the product for recognition purposes; this also assist customers to make consumption decisions very quickly and easily.
Answer:
generally receives favorable tax treatment relative to a corporation.
Explanation:
The sole proprietorship is the business organization in which the business is controlled by single person only. The business records would be separated with the owner personal records in this type of business also it would not be classified as a separate legal entity just like corporation
But in this it received the favorable tax treatment as compared with the corporation
Answer:
No close substitutes for the product exist and there is one seller.
Explanation:
Answer:
a) Gold = $1,380; Silver = $1,020
b) Gold = $1,300; Silver = $980
Explanation:
a) At first, with Qg = 60 and Qs = 270, the equilibrium prices for gold and silver are found by solving the following linear system:
Equilibrium price of gold is $1,380 and the price of silver is $1,020.
b) If the supply of gold increases to 120, since the goods are substitutes, there will be an increase in overall supply and the equilibrium price of gold and silver will decrease as follows:
Equilibrium price of gold is $1,300 and the price of silver is $980.
