Use the Following to Answer Question

question 28

Multiple Choice

Use the following to answer question:
-(Table: Tutoring) Use Table: Tutoring.Sigmund faces:

• A)increasing marginal benefit.
• B)decreasing marginal benefit.
• C)increasing marginal cost.
• D)constant marginal cost.

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Definitions:

Organizational Structure

The system of tasks, workflows, reporting relationships, and communication channels that link together the work of diverse individuals and groups in a coherent way.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing the overall operations and resources of a company, and acting as the main point of communication between the board of directors and corporate operations.

Sole Proprietorship

A business owned and operated by one person, where there is no legal distinction between the owner and the business entity.

Unlimited Life

Refers to corporations having a perpetual existence, not limited by time, allowing them to continue operations indefinitely unless dissolved.