Briefly state the pros and cons of Corporation
Briefly state the pros and cons of Corporation?
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It can raise large amounts of money by issuing stocks and bonds; limited liability; continuity.
Red tape and expense in incorporating; potential for abuse of stockholder and bondholder funds; double taxation of profits; separation of ownership and control.
Illustrate and clarify the economizing problem?
Explain the statements: Entrepreneurs and business are at the helm of the economy.
Briefly describe the term explicit cost and implicit cost?
I have a problem in economics on Problem regarding private firms. Please help me in the following question. The mass of U.S. output is generated by: (i) Producer cooperatives. (ii) Non-profit organizations. (iii) Private firms. (iv) Government agencie
The points on a production possibilities curve communicate to combinations of goods which: (1) Can’t be generated with no technological advances. (2) Utilize all resources fully and efficiently in the production. (3) Can be generated, however use economic capaci
What are the 4 phases of the business cycle?
Question: You are given the following data about two firms: FIRM A Quantity 0
How important is international trade to the U.S. economy? In terms of volume, does the United States trade more with industrially advanced economies or with developing economies? What country is the United States’ most important trading partner, quantitati
Explain in short the functions of money? Answer: (A) Medium of exchange: Money can be employed to make payments for all transactions of services and goods.
Give a brief introduction of the term Cost of capital?
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