Which of the Following Business Types Can Issue Shares

question 11

Multiple Choice

Which of the following business types can issue shares?

• A) Public companies and partnerships
• B) Proprietary limited companies and sole traders
• C) Sole traders and partnerships
• D) Proprietary limited companies and public companies
• E) Public companies and not-for-profit organisations

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Definitions:

Profit-Maximizing Principle

The concept that firms operate to achieve the highest profit possible, which involves setting output where marginal costs equal marginal revenues.

Marginal Analysis

An examination of the benefits and costs of one additional unit of production or consumption.

Marginal Benefit

Refers to the additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Marginal Benefit

The additional satisfaction or utility gained by consuming one more unit of a good or service, important for decision-making in consumption and production.