Which is the most important form of business organization in terms of total sales?
a. Sole proprietorship
b. Corporation
c. Partnership
d. Cooperative
b
Economics
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Which of the following will decrease the demand for labor in the fast-food hamburger industry?
a. a decrease in the cost of producing the hamburgers, e.g., lower wage rate b. the price of pizza, a substitute for hamburgers, decreases c. the price of pizza, a substitute for hamburgers, increases d. more advanced technology is used in making fast-food hamburgers e. the price of hamburgers increases
Economics
Unplanned inventory investment equals zero when:
A. expected sales are greater than actual sales. B. planned investment equals actual investment. C. planned investment is less than actual investment. D. planned investment is greater than actual investment.
Economics