Illustrate the advantage and disadvantage of Corporations
Illustrate the advantage and disadvantage of Corporations?
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Advantages: improved ability to raise financial capital (money); defining and comparing stocks and bonds; limited liabilities; corporations have a permanence that is conducive to long-run planning and growth.
Disadvantages: red tape and expense in obtaining a corporate charter; unscrupulous business owners sometimes avoid responsibility for questionable business activities.
Define the Legal forms of businesses?
The market system responses the “for whom?” query with: (i) distributing goods on the basis of require. (ii) using central planning to coordinate production decisions. (iii) catering to consumers with adequate resources to demand goods. (i
Question: Suppose three identical firms are engaged in Cournot competition in quantities. They all have marginal costs equal to 40. Market demand is given by: Q : Summary of what can cause an increase Illustrate a summary of what can cause an increase in demand?
Illustrate a summary of what can cause an increase in demand?
Patent rights: It is a unique license or right granted to a company or an Individual to make a specific product or utilize a specific technology.
What are the limitations of Circular Flow Model?
Question: Max has a utility function U =√ x1x2 where x1 is litres of ice-cream and x2 is boxes of strawberries. The marginal utility of a litre if ice-cream is
Describe four important areas to emphasize Expenditures?
Perfect competition is characterized by all of the following except w) heavy advertising by individual sellers. x) homogeneous products. y) sellers are price takers. z) a horizontal demand curve for individual sellers. Q : Define the term Weak-form market Define the term Weak-form market efficiency. Explain briefly.
Define the term Weak-form market efficiency. Explain briefly.
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