Answer:
D. All of these are differences between the two type of business
Explanation:
The sole proprietorship is a business organzation owned, controlled and organized by one person.
Features of sole proprietorship
1. It is owned and controlled by one person
2. The owners is personally liable for all business debt.
3. Owners can establish a sole proprietorship instantly, easily, and inexpensively.
4. Sole proprietorships rarely survive the death of their owners.
5. Capital is limited since the business owner is the only provider of capital.
Features of Corporation
1. It protect its owners from personal liability for corporate debts and obligations.
2.A corporation has perpetual life, that is, when shareholders pass on or leave a corporation, they can transfer their shares to others who can continue a corporation's business
3. Corporation is owned by its shareholders and managed by its board of directors.
4. Corporations can raise capital more easily through the sale of securities.
Answer:
compromising
Explanation:
Compromising—when you compromise or “split the difference” in a conflict which is the political equivalent of "win some, lose some" and is possible in a long-term relationship where there is time for give-and-take exchange.
I am quite concerned for the drop in labor force. Though I am quite worried about our next generation and what is going to happen to the work force then :(
Answer: increase; decrease.
Explanation:
Price fixing is a situation that occurs when two companies come together and form an agreement whereby the price of a particular goods or services will not be sold below that particular price.
When two firms producing substitutes agree to fix prices, then their prices will increase and when two firms that are producing complements fix prices, then their prices will reduce.
Answer:
Australia - <em>Shift Australia's production function upward, create a movement up along the production function as the full-employment quantity of labor increases, and increase potential GDP</em>
United States - <em>Will not change potential GDP as production happens in Australia</em>
Explanation:
Australia's production potential will rise which will be depicted by a shift upwards in the Production Possibilities Frontier (PPF) thereby leading to an increase in the full employment quality of labor and potential GDP for Australia.
As the production is happening in Australia, it will not affect potential GDP in the US.
