Author Question: A major disadvantage of a proprietorship is that the ________. A) owner's entire wealth is at ... (Read 62 times)

azncindy619 · **on:** Jun 29, 2018

A major disadvantage of a proprietorship is that the ________.

A) owner's entire wealth is at risk
B) profits are taxed twice
C) firm has perpetual life
D) owner has limited liability

Question 2

The figure above shows the market for coffee. If 10 million pounds of coffee a month are available, the ________ price that consumers are willing to pay for the last pound is ________.

A) maximum; 2.00
B) maximum; 3.50
C) minimum; 2.00
D) minimum; 3.50