« previous next »

Author Question: Which type of business is the most difficult to set up? A) corporation B) sole proprietorship ... (Read 99 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
Which type of business is the most difficult to set up?
 
  A) corporation
  B) sole proprietorship
  C) partnership
  D) There is no difference in the difficulty of establishment.

Question 2

Would you expect the income elasticity of demand for Cadillacs to be positive or negative? Why is this true?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


aburgess

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

The income elasticity of demand for Cadillacs should be positive because Cadillacs are a normal good. When income rises, the demand for Cadillacs will rise as well.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

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

An onager, one type of wild ass An onager, one type of wild ass
Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
Uticaria, a skin rash caused by type I hypersensitivity. Uticaria, a skin rash caused by type I hypersensitivity.
Patient diagnosed with type 2 diabetes mellitus. Periodontal examination revealed deep periodontal ... Patient diagnosed with type 2 diabetes mellitus. Periodontal examination revealed deep periodontal ...
Business Math Question Solution Business Math Question Solution
A GWAS study for Type 2 diabetes revealed 386,371 genetic markers, clustered here by chromosome numb A GWAS study for Type 2 diabetes revealed 386,371 genetic markers, clustered here by chromosome numb
Video: Sex-Linked Traits! How are eye colors inherited in fruit flies?

For a complete list of videos, visit our video library