This topic contains a solution. Click here to go to the answer

Author Question: Which of the following about corporations is TRUE? A) The cost of capital and labor is high ... (Read 73 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
Which of the following about corporations is TRUE?
 
  A) The cost of capital and labor is high relative to that paid by a proprietorship.
  B) Profits are taxed only once as the owners' income.
  C) The owners' entire wealth is at risk.
  D) Corporations' profits are taxed independently of their owners' incomes.

Question 2

An increase in a consumer's income creates a
 
  A) rightward parallel shift of the budget line.
  B) leftward parallel shift of the budget line.
  C) rightward rotation of the budget line, so that the budget line becomes steeper.
  D) leftward rotation of the budget line, so that the budget line becomes steeper.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cadimas

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

D

Answer to Question 2

A




folubunmi

  • Member
  • Posts: 524
Reply 2 on: Jun 29, 2018
Excellent


apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

For a complete list of videos, visit our video library