Author Question: What is the major advantage of the corporate form of business organization? A) Its owners have ... (Read 109 times)

Collmarie

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What is the major advantage of the corporate form of business organization?
 
  A) Its owners have limited liability.
  B) Its owners have unlimited liability.
  C) Its profits are not taxed.
  D) Its profits are taxed twice.

Question 2

The above figure shows the market for anti-freeze. The government imposes the sales tax shown in the figure on sellers. What is the deadweight loss from this tax?
 
  A) 1,500
  B) 3,000
  C) 4,500
  D) 6,000



asdfghjkl;

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Answer to Question 1

A

Answer to Question 2

A



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