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Which of the following is one of the disadvantages of a corporation. A. unlimited liability by owners. B. inadequate capital accumulation. C. double taxation on
Which of the following is one of the disadvantages of a corporation. A. unlimited liability by owners. B. inadequate capital accumulation. C. double taxation on income. D. limited liability by owners. Normal profit equals: A. total revenue less implicit costs. B. implicit costs. C. total revenue less explicit and implicit costs. D. total revenue less explicit costs. Which of the following is a fixed cost for Donald's Grateful Dead Bar & Grill? A. rent paid on the building's lease. B. wages paid to bartenders. C. payments for pretzels. D. payments for beer
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