--%>
Assignment Help - homework help

Problem on I-Proprietorships

The business owned and operated by the lone individual is a/an: (i) Unit of labor. (ii) Entrepreneurship. (iii) Corporation. (iv) Sole proprietorship.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : State the relationship between MPC and

    State the relationship between MPC and multiplier? Answer: The value of multiplier differs directly with MPC.  K=1/1 - MPC.

  • Q : Market Demand versus Individual Demand

    What is the difference between Market Demand and Individual Demand?

    		•
  • Q : Problem on law of demand Let think

    Let think about the law of demand. The idea that a big price for a normal good will outcome in less of the good being bought never based logically on the: (i) Income effect. (ii) Demand for the good falling since of the higher price. (iii) Law of redu

    		•
  • Q : Equality Standard of Income Distribution

    When the equality standard of income distribution were adopted: (w) people would be paid the values of their marginal products. (x) family incomes would be identical for families of all sizes. (y) poets and engineers would have the same incomes. (z) g

    		•
  • Q : Example of Featherbedding Assume that

    Assume that no job vacancies exist for the taxidermists, which students lack any interest in taxidermy, and that taxidermy produces no externalities. When lobbyists persuaded college Boards of Trustees to need taxidermy courses and to establish Departments of Taxiderm

    		•
  • Q : Policies for overall demanding labor

    Policies which raise the overall demand for labor and maintain unemployment rates low are: (w) significant for the success of any other programs to reduce poverty. (x) sufficient measures to reduce the incidence of poverty. (y) not relevant to the suc

    		•
  • Q : Tariffs Choose the right answer from

    Choose the right answer from following. Tariffs: A) may be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs). B) are also called import quotas. C) are excise taxes on goods exported abroad.

    		•
  • Q : Expectations and Demand problem The

    The demand for durable consumer good tends to rise if: (1) Supply rises. (2) Aggregate expenses rise. (3) Consumers predict price hikes or scarcities in the future. (3) Consumers predict surpluses in future. Choose the precise answ

    		•
  • Q : Natural barriers to entry A monopoly

    A monopoly may emerge naturally while: (w) increasing costs happen quickly relative to market demand. (x) at low levels of output, disutilities of scale are encountered. (y) economies of scale are substantial relative to market demand. (z) variable co

    		•
  • Q : Profit Maximization-total proceeds and

    The entire profit maximizing organization will hire more labor up to the point where: (w) Average physical product of labor equivalents the nominal wage. (x) Last unit of labor adds uniformly to net revenue and net cost. (y) Marginal product of the labor is at its hig

    		•