George and jerry are competitors in a local market. each is trying to decide if it is better to advertise on tv, on radio, or not at all. if they both advertise on tv, each will earn a profit of $3,000. if they both advertise on radio, each will earn a profit of $5,000. if neither advertises at all, each will earn a profit of $10,000. if one advertises on tv and the other advertises on radio, then the one advertising on tv will earn $4,000 and the other will earn $2,000. if one advertises on tv and the other does not advertise, then the one advertising on tv will earn $8,000 and the other will earn $5,000. if one advertises on radio and the other does not advertise, then the one advertising on radio will earn $9,000 and the other will earn $6,000. if both follow their dominant strategy, then george will

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

According to this excerpt, a key part of our national security strategy is

Which of the following would classify as a general education requirement