Although a corporation is the most common type of firm, ...

[justinmsk]

Although a corporation is the most common type of firm, corporations generate only a small share of business revenue in the U.S. economy.
 
  Indicate whether the statement is true or false

Question 2

Agave, Six Feet Under, Globe, Silk, Sotto Sotto and Zocalo are all restaurants in Atlanta. In the short run, Globe could
 
  I. make an economic profit.
  II. make zero economic profit.
  III. incur an economic loss.
  A) Only I
  B) Only II
  C) I, II, and III
  D) Only I and II

[Qarqy]

Answer to Question 1

FALSE

Answer to Question 2

C

[justinmsk]

Wow, this really help

[ashely1112]

Thanks for the timely response, appreciate it