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3 years ago

Multiple choice-- economics

Business

1 answer:

Yanka [14]3 years ago

6 0

Answer:

Partnership

Explanation:

A partnership can be defined as a type of business ownership in which two or more individuals come together to start up a business and share the profits made together.

There are two (2) main classes of partnerships and these includes;

1. General partner: it is a type of partnership in which two or more people come together and have an agreement to do business by sharing profits, assets, debts or financial and legal liabilities.

2. Limited partner: it is a type of partnership in which people come together and have an agreement to do business but the involved partners only contribute financially and solely responsible to the amount of money they invested.

In this scenario, there are several doctors maintaining separate practices such as dentistry, paediatric, gynaecology, etc., in the same building.

Thus, these doctors may have combined their efforts to form a partnership business because they all share in the successful operation of the business and assume liability for any business debt owed.

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4 years ago

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If the natural rate of unemployment is 5.2 percent and the actual rate of unemployment is 5.7 percent, then by definition there

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3 years ago

A strategy of spreading investments among different industry sectors is

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diversification

Explanation:

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3 years ago

________ consists of the factors that have an impact on the definition of the marketing research problem, including past informa

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The environmental context of the given problem basically consist of the various types of factors which have a huge impact on the marketing research related problems.

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3 years ago

Earth presently has 1.4 billion hectares of arable land, and each hectare produces between 1 and 2 tons of grain annually. What

olga nikolaevna [1]

Answer:

a) 2.1 billion tons/yr

b) 10.5 billion people

Explanation:

Given:

Total arable land = 1.4 billion

Grain produced by each hectare of land = 1 and 2 tons annually

therefore,

The average Grain produced by each hectare of land = $\frac{\textup{1+2}}{\textup{2}}$ = 1.5 tons/yr

Therefore,

The total grain produced annually

= average Grain produced × Total arable land

= 1.5 × 1.4 billion

= 2.1 billion tons/yr

b) Sufficient grain for each people = 200 kg

Now,

1 ton = 1000 kg

thus,

2.1 billion tons = 2.1 × 10⁹ × 1000 kg = 2.1 × 10¹² kg

The number of people Earth can support = $\frac{\textup{ total grain produced annually }}{\textup{Sufficient grain for each people}}$

The number of people Earth can support = $\frac{\textup{ 2.1}\times10^{12}}{\textup{200}}$

The number of people Earth can support = 10.5 × 10⁹ people

= 10.5 billion people

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3 years ago