_____ is the only type of firm where it is possible for a person to hold all of the information that matters for all types of decisions
a. Corporation
b. A firm where decision-making is centralized
c. Sole proprietorship
d. A firm where there is separation of ownership and management
C
Economics
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Which of the following expenditures is classified as a mandatory expenditure of the U.S. federal government?
A) federal employee salaries B) national defense C) Medicaid D) foreign aid
Economics
Refer to Table 17-3. What is the amount of revenue added as a result of hiring the fourth worker?
A) $7,200 B) $1,200 C) 90 microwaves D) 15 microwaves
Economics