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If the value added of a firm is positive,will the firm necessarily have positive profits?
Business
An organization or enterprising entity engaged in commercial, industrial, or professional activities.
Sole Proprietorship
A business structure where a single individual owns, operates, and is responsible for the business, enjoying all profits and bearing all losses.
Limited Liability Corporation
A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Non-Profit Organization
is an entity that operates for a collective, public, or social benefit rather than generating profits for owners or investors.
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