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Q. What is Corporation?
A corporation is a form of business established as an independent legal entity, separate from individuals who own it. A main benefit, for owners, of this form of business is that it provides for limited liability for its owners: potential losses resulting from their ownership of company (must it lose money, face legal difficulties or experience other problems) are limited to amount initially invested by the owners. Owners' other personal wealth is kept protected and separate from claims against the corporation. Corporation is hence well-suited to the joint stock form of ownership.
A film studio in Hollywood produces movies according to the function q = F(K;L) = (2=100)K^0.5L^0.5 In the short run, capital (studios, gear) is xed at a level of 100. It costs $
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is a hotdog vendor''s stand a good example of diseconomics of sale?
Circular Flow of Income: The diagram shows Real Flow (goods and services) and Monetary Flow (Income and expenditure). The bottom pair of arrows depicts the goods market.
Niche Operators: It is assessed by TRAI that despite the USO support, existing big service providers would not be interested to serve about 50 per cent of the villages. To add
What is the problem of central economic
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in terms of pr
Nature of Expectations in Keynes' Theory : The above discussion on the nature of expectations in Keynes' theory may be summarised as follows: 1) In forming long-term expec
Strictly give the diff. btw the theory of reciprocal demand & theory of comparative advantage
Measured cell emf are the basis for standard electrode potentials. chemistry assignments A method for the presentation of the data obtained from measurements of the equilibrium
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