Which of the following would appear on the liability side of the balance sheet of a commercial bank?

The more elastic the demand for a good,

a. the more of an excise tax is that is collected by sellers b. the more of an excise tax that is paid by buyers c. the more an excise that is paid by sellers d. the more elastic the supply of that good e. the smaller the burden of a tax on that good

Alice's Restaurant is a business that is struggling to make a profit. Alice, the sole proprietor, wins the state lottery and becomes a multi-millionaire. She plans to continue to operate the restaurant because she enjoys the work. As her economist friend, the best advice you could give her would be to

a. form a corporation b. bring in a partner c. open a second restaurant d. work under-the-table e. work more hours