Answer:
- Sole Proprietorship
- Partnership
- Limited Partnership
- Limited Liability Company
Explanation:
Sole Proprietorship is the type of business in which the liability is not limited. Due to this issue, the owner is solely responsible to pay off the debts of company from his personal owned assets if the business goes bankrupt.
Partnership is just like sole proprietorship but here the partners are the only responsible persons to payoff the debt of the company because the liability is limitless. The burden of the company debts is equally shared among the partners.
Limited Partnership is less risky because the liability is limited and only the amount invested in the business is subjected to the payment of borrowings from the lenders. The limited partner is responsible for his actions which means if his misdeed resulted in fine then it would be paid from his share first and then the other partners are equally liable to for compensation if their is still any amount left.
In the case of Limited liability company, the liability is limited and the burden of the payment of the liability falls on the company. So the investor is not subjected to pay the debts of the company because the limited liability company is a separate entity and is solely liable to pay for its debts.
Answer:
The opportunity cost = $2.5
Explanation:
Given:
You own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the building in each use is $2,000; $3,000; $4,000; and $5,000, respectively.You decide to open a hardware store.
<u>Question asked:</u>
The <u>opportunity cost of using this </u><u>building for a hardware store</u> ?
<u>Solution:</u>
As we know:
What you sacrifice = Value of a cafe + Value of a craft store + Value of a bookstore
= $2000 + $3000 + $5000 = $10,000
What you gain = Value of a hardware store
= $4000
Thus, the opportunity cost of using this building for a hardware store is $2.5
Answer:
break-even level of output for this project (ignoring taxes)? (2 decimal places)
d1) What is the accounting break-even level of output for this project? (2 decimal places)
d2) What
The answer is: d. interest on deposits
Interest on deposits refers to the amount of interest payment that the banks would give to account owner for keeping a certain amount of balance in their institutions. The number of this interest is usually really small, (on average it is usually around 0.01%)
Mr. Rational is a utility maximizer, he should buy less of X and more of Y.
<h3>What do you mean by marginal utility?</h3>
- In economics, marginal utility refers to the additional pleasure or benefit (utility) a buyer receives by purchasing an additional unit of a good or service.
<h3>What is marginal utility and formula?</h3>
- The general rule in economics is that marginal utility equals total utility change divided by change in quantity of goods.
- The equation looks like this Total utility difference divided by amount of commodities difference equals marginal utility.
- Find the first event's overall utility.
According to the question:
The amount that Mr. Rational is going to spend = $27.
Quantity of good X = 5 units.
Price of good X (Px) = $3 per unit.
Marginal utility of 5th unit of X (MUx) = 30.
Quantity of good Y = 6 units.
Price of good Y (Py) = $2 per unit.
Marginal utility of 6th unit of Y (MUy) = 18.
Now find
Now
Since the
So, good x will be substituted for y in order to reach the consumer equilibrium.
Learn more about marginal utility here:
brainly.com/question/15050855
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