An advantage of a partnership over a proprietorship is
A) limited liability.
B) that profits are not taxed twice.
C) the ability to take advantage of greater specialization.
D) that it is easier to dissolve.
Answer: C
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The WaveHouse on Mission Beach in San Diego features the Bruticus Maximus, a ten foot wave, which tests the skills of even the most talented surf and wake board riders on the planet
WaveHouse is the only place in San Diego where this service is offered. You can ride B. Max for $40 for the first hour, $33 for the second hour, and $26 for the third hour. Why would WaveHouse charge different prices for each subsequent hour of riding? A) to capture consumer surplus among groups of buyers B) to capture consumer surplus among units of a good C) to create customer loyalty D) to encourage skill development
Unemployment that is caused by a mismatch of the demand for workers with certain skills and the skills of unemployed workers is:
a. frictional unemployment. b. structural unemployment. c. cyclical unemployment. d. mismatch unemployment.