Which of the Following Is not a Method of Incorporation

question 94

Multiple Choice

Which of the following is not a method of incorporation?

• A) Memorandum of association
• B) Letters Patent
• C) Certificate of incorporation
• D) Federal patent

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Definitions:

Long-run Average Total Cost

The average cost per unit of output when all inputs, including capital, can be varied, and economies of scale are accounted for.

Long-run Total Cost

The overall expenses incurred by a firm when all inputs are variable, reflecting costs over a time when firms can adjust all factors of production.

Long-run Average Total Cost

The per unit cost of production when all inputs, including both fixed and variable costs, are adjusted to their optimal levels over time.

Automobile Manufacturing

The industry and process involved in designing, producing, marketing, and selling motor vehicles.