Which of the Following Is a Characteristic of a Corporation

question 350

Multiple Choice

Which of the following is a characteristic of a corporation but not of a small family-owned business?

• A)The corporation buys inputs in markets for the factors of production.
• B)The corporation sells output in markets for goods and services.
• C)The corporation is guided in its decisions by the objective of profit maximization.
• D)The corporation faces a principal-agent problem created by the separation of ownership and control.

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A chronic metabolic disorder characterized by high levels of glucose in the blood due to the body's inability to produce or properly use insulin.

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Body Mass Index, a numerical computation that assesses an individual's body weight in relation to their height, used to categorize underweight, normal weight, overweight, and obesity.

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