A person working as a separate business entity is called a(n):

State, in order, the three steps in making an initial allocation with the northwest-corner rule

What will be an ideal response?

Albert Jones went to his local department store to purchase a pair of Levi's® . He thought that

the style of Levi's® that he wanted would sell for about $30 a pair. When he got to the store, he saw a sign which said, Levi's® , all styles, $18 a pair. Albert bought three pairs of Levi's® . The behavior of Albert is consistent with A) ceteris paribus. B) the law of demand. C) the law of supply. D) the law of supply and demand. E) can't tell with the information provided.