Numerically, the dominant type of business enterprise in the United States is

A) the corporation.
B) the partnership.
C) the proprietorship.
D) the multinational corporation.

C

Economics

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Explain production

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Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is $20, how much economic profit does the firm make?

A) $0 B) $12 C) -$20 D) -$10

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