Published on November 21, 2015
For more classes visit www.indigohelp.com 1) Which of the following best describes a joint-stock company structure? 2) What are the four productive resources that make a business possible? 3) What law shows that there is a direct relationship between the price of a product and the amount that is supplied in the market? 4) If a company were to have total sales revenue of $50 and a total operating cost of $37, what is the total profit? 5) This is the point at which the supply of the product just meets the demand for it 6) Which of the following businesses is the best example of when to set up a limited liability company in order to control financial risk of stockholder(s)? 7) What is defined as the absolute monetary difference between sales revenues and operating costs? 8) How does specialization assist a business in becoming more productive?