Mic9: Price ceiling/floors, Legal forms of business
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Last updated almost 6 years ago
5 questions
1
Take each statement below and correctly place it under price ceiling or price floor.
Take each statement below and correctly place it under price ceiling or price floor.
- Shortage
- Farm products
- Minimum wage
- Rent control
- Surplus
- Maximum legal price
- Minimum legal price
- Price ceiling
- Price floor
1
Based on the pie charts above which legal form of business is most common numerically?
Based on the pie charts above which legal form of business is most common numerically?
1
Based on the pie charts above which legal form of business generates the most sales and net income (profits)?
Based on the pie charts above which legal form of business generates the most sales and net income (profits)?
1
Which legal form of business has the disadvantages of unlimited liability and limited life?
Which legal form of business has the disadvantages of unlimited liability and limited life?
1
Which legal form of business has the disadvantages of increased government regulation and double taxation?
Which legal form of business has the disadvantages of increased government regulation and double taxation?