Econ Micro (book Only)
6th Edition
ISBN: 9781337408066
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 3, Problem 6P
To determine
The disadvantages that sole proprietors face
Introduction:
Sole Proprietorship: The form of business which is run and operated by an individual is known as the Sole Proprietorship. All the liability in this form of business lies with the proprietor.
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• 3 different people working at any companies under the BPO industry in the Philippines.
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Module 6 Discussion - Business Costs
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For this discussion, think about where you work or a business you have a significant amount of knowledge about. What is a common
product that the business sells? What are the main costs the business has to incur in order to be able to sell that product? Which of these
costs are fixed and which are variable? How much additional costs would be incurred if it were to sell one additional unit of that product
(marginal cost)?
Write a discussion thread about this business, the product it commonly sells, and your answers to the above questions.
Also, respond to at least two threads created by your classmates. In these responses, share what…
Refer to the video to answer the following:
• what are all the key policies or all the strategies the Philippine government should prioritize to accelerate sustainable economic growth?
• these should consider the Philippines current economic challenges, including inflation, unemployment, and the need for digital transformation.
"The Philippines' Strong Economic Growth"
(YouTube link: https://youtu.be/1YtEoGp2ZeM?siJQfIv5kbu0txVsLL.)
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