In a partnership of two people

A) each person has 50 percent liability.
B) it is more difficult to specialize with two persons than with one.
C) each person has unlimited liability.
D) the law releases each partner from legal liabilities.

C

Economics

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In the above figure, which point corresponds to an increase in technology?

A) Figure A B) Figure B C) Figure C D) Figure D

Economics

When supply for an item is perfectly inelastic, how does the supply change when there is a steep drop in price?

a. increases b. decreases c. does not change d. is eliminated

Economics