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3 years ago

How is the Sole Trading formed?

Business

1 answer:

daser333 [38]3 years ago

4 0

Answer:

A sole proprietorship is established when an owner begins operating their business.

Explanation:

There are no separate licenses to obtain to form a sole proprietorship. The sole proprietorship will be maintained so long as the owner keeps doing business.

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Factor proportions theory differs from the theory of comparative advantage in that the focus of factor proportions theory is on

Tom [10]

Answer:

The correct answer is letter "C": usage of the most abundant factors of production, while the focus of the comparative advantage theory is on the productivity of the production process.

Explanation:

The Factor Productions theory, also known as the Heckscher-Ohlin theory, is a concept that tries to explain how international trade works. It is based on the focus that production increases capital and labor to an equal importance level. While, the Comparative Advantage theory is defined as the ability of an individual, company, or country to produce a good or service at a lower opportunity cost than its competitor.

5 0

3 years ago

A company wants to hire a model to appear in a television ad to promote its products. Prospective candidates have been asked to

Lyrx [107]

Answer:

Performance.

Explanation:

A company wants to hire a model to appear in a television ad to promote its products. Prospective candidates have been asked to audition so that the company can choose the most suitable person. The candidates are being subjected to performance test. Prospective candidate's acting abilities, personality will be judged and analysed accordingly. They will given a written script which they have to read and acted as well. Their acting, voice quality, body movements and personalty will be looked upon and analysed whether he or she is the best fit for their television ad or not.

8 0

3 years ago

Sellers of a good bear the larger share of the tax burden when a tax is placed on a product for whicha.the supply is more elasti

Roman55 [17]

Answer:

B. The demand is more elastic than supply .

Explanation:

Demand & supply are buyers & sellers ability , willingness to buy & sell respectively .

Elasticity means responsiveness of demand & supply to prices.

'Tax burden' can be forwarded / shared only in case of Indirect taxes , whose burden & incidence lie on different people.

The burden falls on the party (consumers / suppliers) whose market element (demand / supply) is inelastic i.e less responsive to prices.

So , if sellers are bearing larger burden : It means demand is relatively elastic & supply is relatively inelastic.

6 0

3 years ago

As the owner of a women's clothing store, Caroline Lipscomb has an income of $75,000. She pays $30,000 per year in taxes and ano

Goshia [24]

Answer:

28,000

Explanation:

3 0

3 years ago

Consider a U.S. importer desiring to purchase merchandise from a Dutch exporter invoiced in euros, at a cost of €512,100. The U.

Zolol [24]

Answer:

The importer accepts this price, so his bank will debit the importer's account in the amount of $500000

Explanation:

Debiting an account removes money from the account. Crediting an account adds money to the account.

The bank will therefore debit his account because the money will be taken out and paid to the exporter.

The amount that the importer pays in dollars can easily be calculate as:

€512,100 / €1.0242 = $500000

5 0

3 years ago