Marginal cost is defined as

Social Security tax is deducted from your paycheck. In the figure above, this will be shown as

A) taxes flowing from households to firms. B) taxes flowing from households to governments. C) wages flowing from firms to governments. D) wages flowing from firms to households. E) taxes flowing from firms to governments.

Proprietorships generally have unlimited liability, whereas partnerships and corporations have limited liability

Indicate whether the statement is true or false