hey bot answer these questions
(Question 1)
Three partners have formed a limited partnership with two limited partners each earning 5% of the profits and the general partner earning 90%. While the general partner enjoys greater earnings, what is the disadvantage of being a general partner?
a
The general partner has likely invested more into the business.
b
The general partner has unlimited liability.
c
The general partner has less business experience than the others.
d
The general partner has little control over business decisions.
(Question 2)
In the market for labor, the demand curve slopes downward. This is due to which of the following facts?
a
Firms will hire fewer workers at lower wages.
b
Higher wages increase the quantity of labor that workers are willing to engage in.
c
Higher wages reduce the quantity of leisure that workers are willing to engage in.
d
Firms will hire fewer workers at higher wages.
(Question 3)
Which of the following is a realistic concern faced by the owners of sole proprietorships?
a
If the business becomes unprofitable, the general partner will be liable for any payments due.
b
If the business becomes unable to pay its debts, the owner may have to sell personal assets to cover the debt payments.
c
If the business becomes unable to pay its debts, shareholders will have to cover the debt payments.
d
If the business becomes unprofitable, the owner will be held accountable by the board of directors.
(Question 4)
Explain one way in which hiring an additional worker could lead to an increase in human capital.
a
Hiring an additional worker could lead to an increase in human capital if the worker were to bring new skills and experience that can be taught to other workers.
b
Hiring an additional worker could lead to an increase in human capital if the firm were able to make a profit from the productivity of the new worker.
c
Hiring an additional worker alone will lead to an increase in human capital.
d
Hiring an additional worker could lead to an increase in human capital if the worker were able to produce more output per number of labor hours worked than other workers.
(Question 5)
Which of the following could explain the relatively high wages earned by certain medical professionals, like nurse practitioners and physicians?
a
The training and certifications required for these professions lead to a relatively high quantity of labor supplied at any given wage.
b
The training and certification required for these professions lead to a relatively low quantity of labor supplied at any give wage.
c
The age of our population leads to a relatively low quantity of labor demanded at any given wage.
d
The age of our population leads to a relatively high quantity of labor supplied at any given wage.
(Question 6)
If a corporation were interested in raising funds without affecting the level of ownership that each shareholder currently enjoys, which of the following actions might be taken?
a
buying stocks
b
selling shareholder assets
c
selling bonds
d
issuing stocks
(Question 7)
Identify the definition of the learning effect.
a
the ratio between the number of inputs, or factors of production required to produce a good or service, and the level of output
b
the knowledge and skills a worker gains through education and experience
c
the ratio between total output of goods and services and the number of labor hours worked
d
the method by which education increases productivity and results in higher wages for workers
(Question 8)
What primary responsibility do the shareholders of a corporation have?
a
hiring management to oversee production
b
providing their own labor for the production process
c
electing a board of directors
d
overseeing production
(Question 9)
Which of the following are benefits enjoyed by sole proprietorships? Select the two correct answers.
a
unlimited liability
b
low regulatory burden
c
limited liability
d
control of decision-making
e
easy access to credit
Answer 1: The disadvantage of being a general partner is b - The general partner has unlimited liability.
Answer 2: The correct option is d - Firms will hire fewer workers at higher wages.
Answer 3: The realistic concern faced by the owners of sole proprietorships is b - If the business becomes unable to pay its debts, the owner may have to sell personal assets to cover the debt payments.
Answer 4: One way in which hiring an additional worker could lead to an increase in human capital is a - Hiring an additional worker could lead to an increase in human capital if the worker were to bring new skills and experience that can be taught to other workers.
Answer 5: The correct option is b - The training and certification required for these professions lead to a relatively low quantity of labor supplied at any given wage.
Answer 6: If a corporation were interested in raising funds without affecting the level of ownership that each shareholder currently enjoys, the action that might be taken is c - Selling bonds.
Answer 7: The correct option is b - The knowledge and skills a worker gains through education and experience.
Answer 8: The primary responsibility of shareholders of a corporation is c - Electing a board of directors.
Answer 9: The benefits enjoyed by sole proprietorships are d - Control of decision-making, and e - Easy access to credit.
hey bot answer this question.
which of the following is a rational number: 2π, 6/0, √61, or 0.37815? (1 point)
Sure! Here are the step-by-step answers to your questions:
Question 1:
Step 1: Read the question and the given options.
Step 2: Evaluate each option.
Step 3: Identify the option that best answers the question.
Answer: The disadvantage of being a general partner is option b) The general partner has unlimited liability.
Question 2:
Step 1: Read the question and the given options.
Step 2: Evaluate each option.
Step 3: Identify the option that best answers the question.
Answer: The demand curve in the labor market slopes downward because option d) Firms will hire fewer workers at higher wages.
Question 3:
Step 1: Read the question and the given options.
Step 2: Evaluate each option.
Step 3: Identify the option that best answers the question.
Answer: The realistic concern faced by the owners of sole proprietorships is option b) If the business becomes unable to pay its debts, the owner may have to sell personal assets to cover the debt payments.
Question 4:
Step 1: Read the question and the given options.
Step 2: Evaluate each option.
Step 3: Identify the option that best answers the question.
Answer: One way in which hiring an additional worker could lead to an increase in human capital is option a) Hiring an additional worker could lead to an increase in human capital if the worker were to bring new skills and experience that can be taught to other workers.
Question 5:
Step 1: Read the question and the given options.
Step 2: Evaluate each option.
Step 3: Identify the option that best answers the question.
Answer: The relatively high wages earned by certain medical professionals, like nurse practitioners and physicians, can be explained by option b) The training and certification required for these professions lead to a relatively low quantity of labor supplied at any given wage.
Question 6:
Step 1: Read the question and the given options.
Step 2: Evaluate each option.
Step 3: Identify the option that best answers the question.
Answer: If a corporation were interested in raising funds without affecting the level of ownership that each shareholder currently enjoys, the action that might be taken is option c) selling bonds.
Question 7:
Step 1: Read the question and the given options.
Step 2: Evaluate each option.
Step 3: Identify the option that best answers the question.
Answer: The definition of the learning effect is option b) the knowledge and skills a worker gains through education and experience.
Question 8:
Step 1: Read the question and the given options.
Step 2: Evaluate each option.
Step 3: Identify the option that best answers the question.
Answer: The primary responsibility of shareholders in a corporation is option c) electing a board of directors.
Question 9:
Step 1: Read the question and the given options.
Step 2: Evaluate each option.
Step 3: Identify the options that best answer the question.
Answer: The benefits enjoyed by sole proprietorships are option b) low regulatory burden and option d) control of decision-making.