Multiple Choice
The main disadvantage to organizing a business as a proprietorship is
A) its complex management structure.
B) limited liability.
C) unlimited liability.
D) that economic profit cannot be maximized.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q363: A firm's market constraints include the conditions
Q364: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table
Q365: If the four-firm concentration ratio for an
Q366: When Fatz confectionery can lower the cost
Q367: When a firm links its employees' compensation
Q369: Emma owns a firm that produces umbrellas.
Q370: An economic profit is<br>A) an opportunity cost
Q371: If a firm that repairs both motorcycles
Q372: Which of the following factors helps explain
Q373: There are 6 firms in a market