Author Question: A sole proprietorship is A) the least profitable type of business to set up. B) the easiest type ... (Read 97 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
A sole proprietorship is
 
  A) the least profitable type of business to set up. B) the easiest type of business to set up.
  C) the most difficult type of business to set up. D) the most expensive type of business to set up.

Question 2

Refer to Figure 5-3. The private profit-maximizing output level is
 
  A) Qm. B) Qo. C) Qo - Qm. D) Qn.



sokh

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library