RHS Econ Unit 3

Which of the following is an important disadvantage of a corporation?

Sadie and Taylor go to lunch and get the student discount. This is an example of:

Which of the following is a horizontal merger?

Liability is when you take responsibility for yourself. Which business organization has the most per individual?

Sole proprietorships and partnerships share the disadvantage of

Mergers might result in

Which is easiest to start?

Adam and Brenden have an invention. They will need $33 Million for a factory and start up supplies. They should start a:

What is an example of a natural monopoly?

In a market economy, what keeps the prices low?

A type of investment which confers ownership to the investors, and a chance to profit via dividends and capital gains is

What is collusion?

When a “real life” situation is used to sell a product, the advertising technique is called

Which of the following is an important advantage of a sole proprietorship?

The two ways to earn money from stock ownership are:

What is the first step in union-management negotiations?

A franchise can be described as

The advertising technique that uses a famous person to endorse a product is

Corporations can raise capitol by:

What is the market structure for the automobile industry?

What business competition has one sell who controls the entire market?

Which furnishes limited liability for owners, unlimited life for the firm, and the ability to raise large capital

An entrepreneur is someone who:

The stock market in general may be defined as which of the following?

In pure competition