The major difference between partnerships and proprietorships is

a. the limit to liability
b. the opportunity to sell shares
c. the reduced cost of capital
d. shared responsibility and profit
e. tax advantages

D

Economics

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How is the demand for labor derived from the value of marginal product of labor?

What will be an ideal response?

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The tragedy of the commons can be solved by:

a. turning the good into a public good b. government regulation or taxation to prevent overconsumption c. both of the above d. neither of the above

Economics