In Most States a Limited Partnership Does Not Have to File

question 225

Multiple Choice

In most states a limited partnership does not have to file what information with the appropriate state official?

• A) name of the business
• B) names and addresses of all partners
• C) contributions each partner has made
• D) the share of profits to be paid to each partner
• E) all of the other choices must be filed

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Definitions:

Marginal Cost

The additional cost incurred from producing one more unit of a good or service.

Profit Maximizes

The process or strategy of adjusting production and operations to achieve the highest possible profit.

MC

Stands for Marginal Cost, which is the cost of producing one additional unit of a good or service.

MR

Marginal Revenue, the increase in revenue that results from the sale of one additional unit of output.