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The weak form of the efficient market hypothesis implies that:
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1. Introduction to Microeconomics
Introduction to Economics
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Most businesses in the United States are:
A
sole proprietorships
B
partnerships
C
corporations
D
government-owned enterprises
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Understand the types of business organizations: sole proprietorships, partnerships, corporations, and government-owned enterprises.
Recall that a sole proprietorship is a business owned and run by one individual, often small-scale and common among small businesses.
Recognize that partnerships involve two or more owners sharing profits and responsibilities.
Know that corporations are larger businesses owned by shareholders and are legally separate from their owners.
Identify that government-owned enterprises are businesses owned and operated by the government, which are less common in the U.S. private sector.
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