1. Select two different types of business organizations and compare them.

Using the criteria for economic perspective, compare how each might respond to an economic issue of your choice such as increased regulation or taxes.

Give examples to support your ideas.

2. There are many economic causes and effects of the underground economy. After examining the evidence below, answer the following questions.

What are the costs and benefits of grey markets for consumers? What impact does the underground economy have on government revenues? How can this affect the citizens of a country?

Answer rating: 100% (QA)

1 Comparing Different Types of Business Organizations a Sole Proprietorship A sole proprietorship is a business organization owned and operated by a single individual The owner has full control over t... View the full answer