If the firm's marginal cost is a constant $2 per unit, what price will it charge and how many units will it produce if it maximizes its profits?

In a partnership form of business

a. all, except one partner, are subject to limited liability b. the business must operate in at least two countries c. at least two different products must be produced d. the partner who owns the majority of stock makes all of the important managerial decisions e. profits are shared by the partners

In general, productivity levels are much higher in richer countries like the U.S

a. True b. False Indicate whether the statement is true or false