Advantage and disadvantage of Sole proprietorship
Illustrate the advantage and disadvantage of Sole proprietorship?
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Advantages: easy to set up; proprietor is his/her own boss; because profit is proprietor’s income, there is an incentive to operate the business efficiently.
Disadvantages: financial resources are limited and insufficient; the proprietor is responsible for all of management functions; the proprietor is subject to unlimited liability.
Give a brief introduction of the term Risk Principle?
Suppose you go to a recycling center and are paid 25 cents per pound for your aluminum cans. However, the recycler charges you $.20 per bundle to accept your old newspapers.
What divergences arise between equilibrium and an efficient output spillover benefits are present? How might government correct this divergence?
How can we compute operating leverage?
plz find the attachment and dont compromise on quality,, no similarity n need to be done according to requierment...
The new supply and demand curves within University City are S0 and D0. But after the county commission imposed a $3 per six-pack excise tax upon beer, monthly sales of six-packs: (w) fell to 10,000, and buyers paid $6.50 each, bu
Describe Quasi-public goods?
Suppose that, based on a nation’s production possibilities curve, for 10,000 pizzas domestically an economy must sacrifice to get the one additional industrial robot it desires, but can get that robot from another country in exchange for 9,000 pizzas. To the fol
Illustrate the advantage of corporate form of organization?
Explain the cause of Trade barriers?
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