What is the major advantage of the corporate form of business organization?

A) Its owners have limited liability.
B) Its owners have unlimited liability.
C) Its profits are not taxed.
D) Its profits are taxed twice.

A

Economics

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Which of the following would not shift a market labor supply curve to the right?

a. a decrease in the wage paid to workers in a competing market b. labor-augmenting technology c. a change in worker tastes so that workers want to retire later d. an increase in immigration

Economics

Which of the following would shift a market labor supply curve to the left?

a. a decrease in the price of output b. an increase in the price of output c. a labor-augmenting technological change d. better employment opportunities in a closely-related job

Economics