This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe the three main categories of firms. What will be an ideal ... (Read 30 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
Describe the three main categories of firms.
 
  What will be an ideal response?

Question 2

The largest component of spending in GDP is
 
  A) government spending. B) net export spending.
  C) investment spending. D) consumption spending.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

The three main types of firms are sole proprietorships, where the firm is owned by a single person, partnerships, where the firm is owned by two or more persons, and corporations, where the firm is a legal form of business that provides owners with protection from losing more that their investment in the firm should the business fail.

Answer to Question 2

D


saliriagwu

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
Excellent

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Taking off is one of the main times albatrosses use flapping to fly, and is the most energetically d Taking off is one of the main times albatrosses use flapping to fly, and is the most energetically d
Major Diagnostic Categories of Mental Disorders Cont Major Diagnostic Categories of Mental Disorders Cont
Various views of the main body cavities. Various views of the main body cavities.
There Are Six Categories of Nutrients There Are Six Categories of Nutrients
Describe how fat is digested, absorbed, and transported in the body Describe how fat is digested, absorbed, and transported in the body
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Video: Plant Defense Mechanisms from Pathogens

For a complete list of videos, visit our video library