How can a sole proprietorship raise funds needed for firm expansion?
What will be an ideal response?
By retaining earnings, taking on additional partners, or borrowing from relatives, friends, or a bank.
Economics
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The firm's demand for labor is derived directly from ________
A) the wage rate B) the supply of labor C) labor's cost D) labor's value of marginal product
Economics
George is trying to forecast the future price of IBM's common stock. To do so he makes use only of past prices of IBM stock. George
A) has adaptive expectations. B) has rational expectations. C) is likely to rapidly adjust his forecast to news affecting the future profitability of IBM. D) is likely to make forecasts that reflect closely IBM stock's fundamental value.
Economics