Answer: Limited liability company
Explanation:
In such a structure the owners and the firm are considered separate. The owners in a LLC could not be held personally liable for the debts and liabilities of their company.
The companies have the limited liability feature of the corporations while the profit distribution method depicts partnership structure.
In the given case, Toby and Keith wants to distribute profit among them and also do not want to raise any outside capital. Also they want limited liability in their organisation.
Hence a Limited liability company is an appropriate choice for them.
Answer:
D) $12 trillion.
Explanation:
GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP = Consumption + Investment + Government Spending + Net Export
Net Export = Export - Import
Net Export = $1 - $2 = -$1
GDP = $7 + $1 + $5 - $1 = $12
All calculations are in trillion
I hope my answer helps you.
Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous.
With a decrease in input prices, the producers will be willing to produce more items, but we are unsure if consumers will be able to buy more because they drop in income; therefore, we don't know what the price will do.
the tradeoff for the average worker when it comes to international trade policies in specialization and comparative advantage because there is the possibility that workers could be laid off from their job.
Barriers to international trade are policies implemented by governments to prevent international trade and protect domestic markets. These include subsidies, tariffs, quotas, import and export licenses and standardization.
All agreements establishing free trade areas have the same goal of liberalizing trade, promoting economic growth, and giving member countries equal access to markets.
The WTO oversees four international trade agreements: the GATT, the General Agreement on Trade in Services (GATS), and the Agreement on Trade-Related Intellectual Property Rights and Trade-Related Investments (TRIPS or TRIMS).
Learn more about international trade policies here: brainly.com/question/15115779
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a) 12 customers per hour is the flow rate of the process.
b) if the car wash has a demand of 15 cars per hour 60 percent is the utilization of the machine that performs the wax process.
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Explanation:</u></h3>
a) The bottle neck which is the process of washing has a capacity of 12 number of cars as its minimum capacity. The flow rate is considered as the minimum capacity of the bottleneck. Thus, flow rate of the process will be 12 customers per hour.
b) The utilization capacity can be calculated by dividing flow rate by the capacity of the process step.
Here the demand is 15 cars per hour. The calculated flow rate is 12 cars per hour. The difference is 3.
Thus the capacity of the machine which performs the wax process will be 1 / 3 × 60 = 20 cars per hour.
Thus the utilization of this machine is 12 / 20 = 60 percent.
Utilization is the flow rate divided by the capacity of the process step.