Since the beginning of the millennium, the united states has witnessed closure of many internet start-up companies. according to the model of perfect competition, these companies must have shut down in the short run because:

Assume you plan to start a new enterprise; you know the probability of having losses for the first three years of operations is almost 90 percent, and you know you will report a substantial amount of income from other sources during those same three years. from a tax perspective, which of the following entity choices would not allow you to offset the entity losses against your income from other sources? c corporation s corporation llc general partnership