A mixed enterprise is one
A) where the government has significant ownership in a private company.
B) in which the company has more than one legal structure, such as limited liability and sole proprietorship.
C) that combines for-profit activities with education.
D) that has both for-profit and non-profit operations.
A
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The median-voter theorem suggests that:
A. voters tend to vote with a "mob-mentality," all voting the same. B. Politicians always receive more votes in general elections when they appeal to extremists in their party. C. the middle voter is generally influenced by the side they have more information on concerning an issue. D. politicians maximize their votes by taking the policy position preferred by the median voter, under certain conditions.
If a book has a royalty rate of 15% and 12,000 copies are sold to bookstores at $50 each, the bookstore returns 2000 unsold books to publishers, and the bookstore sells the books to students for $62.50, the author will be paid
A. $93,750 (.15*62.50*10,000). B. $90,000 (.15*50*12,000). C. $112,500 (.15*62.50*12,000). D. $75,000 (.15*50*10,000).