Irene is a vegetarian, so she does not eat pork. That is, pork provides no additional utility to Irene. She loves broccoli, however. If we illustrate Irene's indifference curves by drawing broccoli on the horizontal axis and pork on the vertical axis, her indifference curves will

All of the following are advantages of organizing a business as a sole proprietorship EXCEPT

A) ease of formation. B) limited liability. C) ease of decision-making. D) single taxation.

In the wage setting relation W = PeF(u,z), the variable z does not include which of the following variables?

A) the minimum wage B) unemployment benefits C) the extent to which firms mark up prices over their marginal cost D) all of the above E) none of the above