A proprietorship is
A) two or more individuals in business together.
B) a corporation that is taxed like an individual.
C) a business owned by one individual who makes all of the decisions.
D) a government-owned franchise.
Answer: C
Economics
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Positive externality refers to a situation where a third party, outside the transaction, benefits from a market transaction by others
a. True b. False Indicate whether the statement is true or false
Economics
An increase in the equilibrium quantity of good B can be caused by
A. a technological improvement in the process of producing good B. B. an increase in the price of good B. C. a reduction in the number of producers of good B. D. an increase the price of inputs utilized in producing good B.
Economics