Answer:
joint-stock company
Explanation:
Based on the information provided within the question it can be said that the type of corporation being mentioned is a joint-stock company. This is a business entity where all the share's of the company have been bought and are held solely by the shareholders. This allows the shareholders to transfer or sell their shares to others without affecting the companies existence.
Answer:
Firms might maximize revenue by raising price or output
Explanation:
Through marginal analysis it is possible to compare the costs incurred with the benefits obtained from some financial strategies, which enables the company to better analyze its strategy in an attempt to maximize its profitability. Through marginal analysis they can maximize revenue by increasing price or output when price and output need to be determined when there are additional costs related to hiring a new worker.
Answer:
A).It was a settlement before Jamestown
Explanation:
Answer:
forget all events or experiences that occurred during the fugue state
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Answer:
C. You have a comparative advantage in picking apples
Explanation:
Opportunity cost is the cost of next best alternative foregone while chosing am alternative.
Comparative Advantage refers to when one can do a task with less opportunity cost (other output / task sacrificed).
Opportunity cost of apples picked is the cherries sacrifised . If 'I' can pick apples at lower opportunity cost (sacrifising lesser cherries), i am more efficient in picking apples . So, I have Comparitive advantage in apple picking, than my neighbour .
There is no sufficient information about my neighbour's opportunity cost of picking cherries and his/ her comparitive advantage in that . And apple cherry trade between me & my neighbour will also be based on his / her comparitive advantage also. So that also can't be determined .
Only my comparative advantage in apples is surely determined .
