Suppose Ben Buys Out Jerry's Ownership in the Firm but Retains

question 191

Multiple Choice

Suppose Ben buys out Jerry's ownership in the firm but retains him as a salaried employee.If so,

• A)economic profit increases
• B)economic profit decreases
• C)there is no change in economic profit
• D)there is no change in accounting profit
• E)accounting profit increases

Analyze the effect of economic, social, and cultural forces on family dynamics.

Understand the concepts and differences between polygamy, polyandry, and monogamy.

Distinguish between macro-level and micro-level influences on families.

Acknowledge the challenges and changes in parenting roles over time.