A competitive firm’s production function is f(x1,x2)=12x112+4x212the price offactor 1 is $1 and the price of factor 2 is $2. The price of output is $4. What is the profit maximizing quantityof output?

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Young owners of a sole proprietorship will likely not find financial support available from?

Match the different taxes to the levels at which these taxes are levied on consumers and businesses national level/ national and local levels 1.sales tax 2.income tax 3.payroll tax 4.social security tax 4.property tax