Examlex
Which of the following is an advantage of a corporation?
Standards of Living
A measure of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
Opportunity Costs
Eliminating possible positive outcomes from alternative selections by choosing one.
Worse Off
A situation or condition in which an individual or group is disadvantaged or in a less favorable position than before.
Opportunity Cost
The value of the next best alternative that one gives up when making a decision.
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