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In a sole proprietorship which individual makes all decisions and gains all profits?

In a sole proprietorship, the individual owner is responsible for making all decisions regarding the business and has complete control over its operations. This owner also retains all profits generated by the business, as there are no partners or shareholders involved. However, they are also personally liable for any debts and obligations incurred by the business. This structure allows for simplicity and direct ownership, but carries significant personal risk.


The dichotomy of thinking vs. feeling reveals how an individual?

makes decisions


Where can one go to find information about Capital Gains Tax?

Capital gains tax refers to a tax on the profits one makes when selling things. There is a tax-free allowance for all, as well as some additional relief available, depending on one's economic situation.


What are examples of Individual economic agents?

Individual people, firms, businesses, and households are examples of individual economic agents. An economic agent is any entity that makes purchasing, selling, or production decisions that affect an economy, and an independent economic agent makes these decisions independently (as opposed to, for example, a government office or a social movement).


In a market or capitalist economy who makes the economic decisions?

The people in the market make these decisions on an individual basis.


Is the police force decreasing?

Which police force? Each individual force makes it's own personnel and budget decisions.


Who makes the economic decisions in Australia?

who makes australia's economic decisions


What part of the brain makes decisions?

The front part of the brain makes decisions.


Who makes Cuba's economic decisions?

the government makes all the decisions, he is a dictator


Where do the profits from Harry Potter go?

JK Rowling makes most of the profits from the sale of her creation.


What is the presidents responsibility to is political party?

Chief of PartyHe's Democratic or Republican and makes decisions regarding the make-up of his individual political party.


Who makes economic decisions?

the government makes all the decisions, he is a dictator