Which of the Following Is NOT a Characteristic of a Cdorporation

question 16

Multiple Choice

Which of the following is NOT a characteristic of a cdorporation?

• A)Corporations are organized as a separate legal taxable entity.
• B)Ownership is divided into shares of stock.
• C)Corporations experience an ease in obtaining large amounts of resources by issuing stock.
• D)A corporation's resources are limited to its individual owners' resources.
• E)Corporations make up 20% of all businesses.

Recognize how factors of production contribute to differences in economic growth between countries.

Understand the concept of returns to scale in production.

Comprehend the impact of savings and investment rates on economic growth.

Recognize the role of productivity in determining a country's standard of living.

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Definitions:

Quantity Supplied

The level of goods or services that producers are eager and capable of selling at a determined price.

Price

The amount of money expected, required, or given in exchange for something else, such as a good or service.

Price Ceilings

A legal maximum price set below the equilibrium price for a good or service, aimed at preventing prices from becoming too high.

Equilibrium Price

The cost at which the amount of a product or service that consumers want to buy is equal to the amount that sellers want to sell, resulting in a balanced market.