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Business Operations Chapter 7
Three Types of Business Firms ,[object Object],[object Object],[object Object]
Business Firm ,[object Object],[object Object],[object Object]
Sole Proprietorship ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Partnership ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Corporations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Franchise
The Franchise ,[object Object],[object Object],[object Object],[object Object]
How a Franchise Works ,[object Object],[object Object],[object Object]
Costs and Revenue ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Questions firms have to answer: ,[object Object],[object Object],[object Object]
The Law of Diminishing Marginal Returns  ,[object Object]
Chapter 8 – Competition and Markets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Monopolies ,[object Object],[object Object],[object Object],[object Object],[object Object]
Anti-Trust Laws ,[object Object]
Monopolistic Competitive Market ,[object Object],[object Object],[object Object],[object Object],[object Object]
Oligopolistic Market ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cartel Agreement and Price Discrimination ,[object Object],[object Object]

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Chapter 7 8